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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,099,000
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
Location! Location! Location! Intersection: Steeles Ave & Albion Road, Toronto #Rarely Available Commercial Industrial unit. #Great location close to all Hwy's 427, 407, 400 & 401. #Very clean & renovated Unit with Big office space along with 2 Washrooms. #Unit has Approximately 2500 sq. Ft. Of usable space - 1,587 sq. Ft on Main floor, plus 913 sq. Ft. Of mezzanine (not included in sq. Ft) #Open concept office area & kitchenette. #A/c -- Sensor lights - Generator - Extrusion plugs - New Hvac's systems #Ceiling heights range from 8' office to 18' industrial area. (id:39198)
Location
Province
Ontario
City
Toronto
Address
#4 -145 Claireport Cres
Postal Code
M9W6R6
Location Highlights
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Listed by
HOMELIFE/MIRACLE REALTY LTD 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
1,587
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
$1,099,000
Asking Price
$1,099,000
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)
1,587
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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