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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$648,000
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
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Premise Summary
Excellent opportunity to own a Professional Space with concierge service, security, elevators, and public washrooms space in this large 7th floor unit. This unit can be transformed to suit any need and size of a professional business. Close to subway and LRT transit line. Easy Access to 401. Other tenants include Tim Hortons, Pharmacy, Dynacare, Ultrasound, Various private clinics and specialized medical as well as Law and Accounting offices among other professions. Large underground parking garage for staff and customers. (id:39198)
Location
Province
Ontario
City
Toronto
Address
#709 -1275 Finch Ave W
Postal Code
M3J0L5
Location Highlights
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Listed by
ROYAL LEPAGE YOUR COMMUNITY REALTY 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
1,440
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
$648,000
Asking Price
$648,000
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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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)
1,440
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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