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Office Building For Sale at #709 -1275 FINCH AVE W in Toronto, Ontario

New
4 Sale ID #222958
Updated 05 May 2024

Asking Price

$648,000

Cap Rate help 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

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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)

  • MLS® : #W8202026
  • Date Listed : 04 Apr 2024

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

office-buildings

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help 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 help 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 help 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 help 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 help Earnings Before Interest, Taxes, Depreciation, Amortization.

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Premises Size (square feet)

1,440

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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