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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,800,000
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
Prime commercial/industrial land! Located between Morningside and Meadowvale, near the 401, this property offers a convenient location for a wide variety of businesses. Embrace versatility: retain or clear existing structures to suit your vision. Titled easement across MTO land grants entry access and allows new owners to bring water and sewer lines to the site. Benefit from the existing hydro trench, expediting development. Ready to be developed or can continue to use as is. **** EXTRAS **** Permitted Uses: Day Nurseries; Educational & Training Facility Uses; Industrial Uses; Marihuana Production Facility; Offices, excluding Medical and Dental Offices; Places of Worship; Recreational Uses. (id:39198)
Location
Province
Ontario
City
Toronto
Address
8815 Sheppard Ave E
Postal Code
M1B5R7
Location Highlights
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Listed by
ROYAL HERITAGE 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
47,480
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
$3,800,000
Asking Price
$3,800,000
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)
47,480
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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