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Apartment Building For Sale at 2963 DUNDAS STREET W in Toronto , Ontario

New
4 Sale ID #307713
Updated 09 Dec 2024

Asking Price

$1

Cap Rate help 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.

N/A

Lot Size

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Building Size

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Premise Summary

Vacant possession 6000 sq ft 5-plex! Unique opportunity to own this 5-unit well-maintained building in the heart of Junction. The property boasts 13+2 bedrooms. Units are large and bright (just under 6,000 sq ft total). A fully turnkey investment with high-income potential, lease to new tenants at market rates, or the two residential units on the main floor can be converted into retail or office space. **** EXTRAS **** Gas and electricity are separately metered for each unit. (id:39198)

  • MLS® : #W10423287
  • Date Listed : 13 Nov 2024

Location

Province

Ontario

City

Toronto

Address

2963 Dundas Street W

Postal Code

M6P1Z2

Location Highlights

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Listed by

ROYAL LEPAGE REAL ESTATE SERVICES LTD. Ontario listing

Category

apartment-buildings

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

5,000

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Sq. Ft. Rate

$1

Asking Price

$1

Cap Rate help 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.

N/A

NOI help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

N/A

Gross Revenue- annual

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Cash Flow - annual help 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 help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

5,000

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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