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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,888,888
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
Income & Redevelopment Potential in MTSA Area! Rare opportunity: 9-unit legal triplexes on a 117x110 ft lot at 481485 Wilson Ave, just steps to Wilson Subway. Fully tenanted with 3X1-bed & 6X3-bed units, each with separate hydro meters, dual exits, and shared garage. Prime location near TTC, Hwy 401, Yorkdale Mall & retail. MTSA designation offers potential for ~100 residential units (subject to approvals -TBD). Strong current income plus major future upside. Ideal for builders/developers. (id:39198)
Location
Province
Ontario
City
Toronto
Address
Wilson
Postal Code
M3H1T9
Location Highlights
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Listed by
HOME LEADER 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
12,885
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
$3,888,888
Asking Price
$3,888,888
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)
12,885
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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