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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$549,500
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
Corner unit with NW views and lots of windows with access to ""Roof Top Terrace"". Approx 1,352 sq ft University Heights Professional Centre. (Built New 2019). Just East of Keele; Convenient to Finch W Subway Stn; TTC; (New) LRT Transit Line; Easy Access to HWYS 400/401/407; Close Proximity to York U; Humber River Hospital; Metro Courthouses; Ideal for Medical, Central, Optical, Legal, Professional offices; Other Tenants Incl. Tim Hortons; Pharmacy; Dynacare Lab; Ultrasound; Assorted Physicians; Dental Clinic; Starkey Hearing. **** EXTRAS **** Hydro separately metered. HVAC included (ceiling mounted unit) (id:39198)
Location
Province
Ontario
City
Toronto
Address
305 - 1275 Finch Avenue W
Postal Code
M3J0L5
Location Highlights
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Listed by
SLAVENS & ASSOCIATES REAL ESTATE 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
1,352
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
$549,500
Asking Price
$549,500
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)
1,352
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
N/A
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