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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$4,998,000
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
N/A
Building Size
N/A
Premise Summary
Ciao Bella! The William Britton House At 17 Isabella - An 1885-Built, Restored And Rarely Offered Masterpiece In The Heart Of Yonge & Bloor. A Nostalgic And Historical Ode To Toronto's Past, Presenting A Striking Juxtaposition Against A Rapidly Developing, Highly In-Demand And Modernizing Area Of The City. This Landmark Property With Its Unrivalled Address Is Ready To Write Its Next Chapter - The Possibilities Are Endless. Zoned Residential With Nearly 6,500 Total Sq Ft, Let Your Imagination Bring Forth This Property's Next Highest Potential. Yonge & Bloor Is A Hotbed For Recent Development - With Residential Rates At A High, Potential To Acquire Lot By Purchasing Additional 4 Units As Assembly Under Condo Corp Or Potential Residential Multiplex - Inquire Within. Several Advantageous Options May Exist To Explore Highest And Best Use Of Site. Steps To Yonge-Bloor Station, Yorkville, 1Bloor Dev, Toronto's Best Restos & Shops, Uoft And More! Make Your Mark At The Heart Of Toronto. **** EXTRAS **** See Attached For List Of Recent Improvements. Legal Description Cont...Condominium Plan No. 760; Lt 3 S/S Isabella St Pl D35, Pt 1 66R14728, As In Schedule 'A' Of Declaration D12330 ;Toronto ,City Of Toronto. Overlooking Norman Jewison Park (id:39198)
Location
Province
Ontario
City
Toronto
Address
17 Isabella St
Postal Code
M4Y1M7
Location Highlights
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Listed by
KROLL REAL ESTATE 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
6,494
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
N/A
Financial Information
Yearly Rate
$4,998,000
Asking Price
$4,998,000
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.
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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)
6,494
Other Information
Owner willing to Finance
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Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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