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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,495,000
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
***ATTENTION INVESTORS.....FULLY RENOVATED & FULLY LEASED!!!*** This 3-Storey Commercial-Residential Corner Property Is Loaded W/All The Bells & Whistles, Featuring Spectacular New Tenants And A Marvellous Income Stream. Recently Gutted Back To The Studs, The Property Features A Main Floor Restaurant With Terrific Side Patio & A Spectacular Residential 2-Storey Suite Overlooking Downtown Toronto. A Perfect Opportunity To Own A Turnkey Property In The Heart Of Trinity-Bellwoods! **** EXTRAS **** Sale Includes Restaurant Chattels And Furniture In The Residential Component - Ask Agent For List. (id:39198)
Location
Province
Ontario
City
Toronto
Address
885 Dundas St W
Postal Code
M6J1B9
Location Highlights
N/A
Listed by
HARVEY KALLES REAL ESTATE LTD. Ontario listing
Category
Property Information
Premise Status
Includes REAL ESTATE
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
3,277
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
$3,495,000
Asking Price
$3,495,000
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.
N/A
Gross Revenue- annual
N/A
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)
N/A
EBITDA Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
3,277
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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