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Industrial Property For Sale at 42 EUGENE ST in Toronto, Ontario

New
4 Sale ID #226979
Updated 04 May 2024

Asking Price

$2,599,000

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.

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Lot Size

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Building Size

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Premise Summary

Welcome To The Castlefield And Caledonia Design And Decor District! 42 Eugene St Is An Incredibly Rare Opportunity To Own A Free Standing Multi-Use Industrial Building In The Cities Premier Furniture And Design Neighbourhood. Zoned For Many Desirable Uses. Make It Your Flagship Showroom, Office And Factory Space, Warehouse And Shipping Facility, Or Use The 3 Self Contained Units To Your Hearts Desire! EL Zoning Provides For A Large Variety Of Legal Uses. 4180 Square Feet Of Industrial Space With Exceptional Flexibility Including Dock Level Loading At The Front, And Grade Level Drive In Bay Door With 11ft Clearance At The Rear. Steps To All Major Highways And Yorkdale Shopping Centre. Fully Vacant Possession, Ready To Be The New Home For Your Business! **** EXTRAS **** 2 Separate Hydro Meters, 3 Panels, 200 Amp 240/600 Volt Service, 2 Furnaces, 2 Central Air Conditioners, 2 Mini Split Air Conditioners, 2 Tube Heaters, Hot Water Tank (Owned). (id:39198)

  • MLS® : #W8238492
  • Date Listed : 16 Apr 2024

Location

Province

Ontario

City

Toronto

Address

42 Eugene St

Postal Code

M6B3Z4

Location Highlights

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Listed by

BOSLEY REAL ESTATE LTD. Ontario listing

Category

industrial-properties

Property Information

Premise Status

N/A

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

4,180

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

Yearly Rate

$2,599,000

Asking Price

$2,599,000

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.

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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)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

4,180

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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