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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$4,300,000
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.
N/A
Lot Size
N/A
Building Size
N/A
Premise Summary
75' x 100' Assembled Corner Parcel On Major Street Steps To Subway. Mixed-Use Land Use Designation. Potential For 6-Storey Mid-Rise Or 3 Multiplexes With Garden Suites. Existing Single Family Bungalow, Single Family 2-Storey (Former Triplex), Single Family 2.5 Storey New Build. 2 Of 3 Properties Owner Occupied. Tenant In Corner Property To Be Assumed. Danforth Is Prime Location For Development. Woodbine Station, Access To DVP & Future Ontario Line. **** EXTRAS **** Survey & Drawings Available. (id:39198)
Location
Province
Ontario
City
Toronto
Address
1301-1305 Woodbine Ave
Postal Code
M4C4E8
Location Highlights
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Listed by
RE/MAX WEST REALTY 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
7,500
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
N/A
Financial Information
Yearly Rate
$4,300,000
Asking Price
$4,300,000
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.
N/A
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)
7,500
Other Information
Owner willing to Finance
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Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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