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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,999,900
Cap Rate The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
Unique Playter Estates-Danforth Legal Triplex on 20' wide lot with a rare, private driveway and 3-bay/2-car garage! Great investment opportunity! Move-in ready vacant 1st & 2nd flr units. Buy as an investment or live in while the other units pay your mortgage. Make it your multi-generational family home or one grand, luxurious manor! Well-maintained, stately 2 1/2 storey dwelling (2580sf, incl basement) with a rare 185sf rooftop terrace (beautiful treetop setting w/views of CN Tower). Home office w/ a Juliette balcony o/1 street **Coveted Jackman School District** 5 min walk to Pape Station**. Move-in ready: vacant 1st & 2nd flr units. Basement Tenant (month-to-month). Suite Mix - Apt A: 1 bed/1 bath (main flr), Apt B: 2+2 Bed/1 (2nd/3rd flrs), Apt C: 1 bed/1 bath (basement). 4 separate hydro meters/breaker panels. Shared Laundry rm. Interconnected wired sensor alarms in each unit (fire/carbon monoxide). 1"" copper water supply line. Ext/Interior re-painted 2021/2022. Furnace '13. Shingled roof '09. Insulated Garage drs '21. *Home inspections available* **** EXTRAS **** Fantastic location: walk to Greektown eateries, patios, shops, grocery, Starbucks, schools (Jackman, Riverdale), parks/trails, subway/TTC & more! Short drive to Downtown, beaches (id:39198)
Location
Province
Ontario
City
Toronto
Address
13 Cruikshank Ave
Postal Code
M4K1S6
Location Highlights
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Listed by
RE/MAX PROFESSIONALS INC. Ontario listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
1,873
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$1,999,900
Asking Price
$1,999,900
Cap Rate The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
1,873
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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