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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,488,800
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
(unit 1) An Incredible opportunity to purchase a high tech Dental clinic w/10FT ceilings, super bright and airy featuring state of the art equipment fronting onto Cathedraltown w/more than ample parking. (unit 2) A totally redesigned home on top boasting all the bells and whistles for the most discerning of buyers. Contains 2 separate entrances, Live where you work! Over $600,000 spent on Luxurious upgrades, w/no expenses spared. The attention to detail and quality workmanship is evident from the moment you enter this tastefully renovated home - Boasting high end finishes throughout w/Open concept living, gas fireplace, a contemporary kitchen, oversized eat up island, graced by quartz countertops & plenty of room to gather round for those magical family moments appealing to the entertainer in you. Gas fitted stove, s/s appliances, a pot filler with tons of storage! 9FT ceilings on the 2nd and a rare 2 pc bath on the same floor, which leads to a great big balcony overlooking a quite--- **** EXTRAS **** --courtyard to enjoy your gas hookup BBQ - Hardwood floors through out the home, 3rd floor laundry for ease of access. Large primary bedroom with W/I closet, and a magazine worthy 4 pc ensuite to look forward to on any day of the week! (id:39198)
Location
Province
Ontario
City
Markham
Address
#1 & 2 -44 Cathedral High St S
Postal Code
L6C0P3
Location Highlights
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Listed by
RE/MAX CROSSROADS 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
2,170
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
$1,488,800
Asking Price
$1,488,800
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)
2,170
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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