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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,399,000
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
N/A
Premise Summary
The Beautiful Boutique One King St Hotel At The Corner Of King And Yonge. A Rare 3 Bedrooms (Meeting Rooms) Property In The Heart Of Downtown Toronto, Located In Beautifully Appointed And Immaculate Offices Overlooking Commerce Course, 1500 Sq.Ft. Of Office Space (Half Of The Third Floor), Perfect For Law Office, Accounting, Engineering, Consulting, Executive Offices, Aesthetics, Etc. That Can Also Be Live In And Used As A Loft For Work And Play. Idea Offices For Lawyer, Accountant Etc **** EXTRAS **** Huge Boardroom, Offices, Lobby, Kitchenette, Private Washroom And Shower. Connected To The Underground Toronto Path, A Network Of Pedestrian Tunnels, Elevated Walkways, A-Grade Walkways Connecting The Office Towers Of Downtown Toronto. (id:39198)
Location
Province
Ontario
City
Toronto
Address
#302 -1 King St W
Postal Code
M5H1A1
Location Highlights
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Listed by
MOVE UP 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
1,500
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
$1,399,000
Asking Price
$1,399,000
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)
1,500
Other Information
Owner willing to Finance
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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Why this Marketplace was Created
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