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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$890,000
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
Attention Builders/Investors! Don't Miss This Rare Opportunity To Build income rental property. will be Sale together with 1970 Brimley rd LOT . 2 lot can be build two (6+1)unit rental apartment total 14 unit .per unit 3b2b , total :18200 SQ/FT .Comply with CMHC mortgage policy.Please see the attached surveys and reference plans. This 38' x 159' Severed Lot Is Conveniently Located To Nearby Amenities And Attractions. This Well Mainted Lot is Leveled and Features Access to Sewers, Municipal Water And Utility Lines. TTC At Door Step. Walking Distance To school Scarborough Town Centre. Easy Access to Hwy 401.the main building's Building permit (four units )have been change to six unit , the garden house's building permit is currently being updated. Appointment Required To Walk The Property (id:39198)
Location
Province
Ontario
City
Toronto
Address
Brimley
Postal Code
M1S2B2
Location Highlights
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Listed by
MASTER'S TRUST 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
0
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
$890,000
Asking Price
$890,000
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)
0
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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