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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,299,000
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
Turn Key Investment Opportunity In Toronto With Triple A Tenant. Almost 4000 Sq Ft Of Space -2 Units Combined Into One Busy Medical Centre. Heavy Traffic Plaza On Rexdale Blvd. Hundreds Of Thousands Spent On Build Out For Current Use. Close To Hwy 427, 409, 401 And 407. Plenty Of Parking In Plaza And Right Across From Woodbine Race Track And Large Sub Division. Sale Of Property Only - Current Owner To Stay On With Long Term Lease Back Agreement. **** EXTRAS **** Commercial Real Estate Ownership With An Aaa Tenant Already In Place From Day 1. Buyer And Agent To Confirm All Taxes, Measurements Sale Conditional On Approved Long Term Lease Back Option. All Chattels Owned By Tenant. (id:39198)
Location
Province
Ontario
City
Toronto
Address
#10 & 11 -680 Rexdale Blvd
Postal Code
M9W0B5
Location Highlights
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Listed by
FOREST HILL 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
3,900
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
$3,299,000
Asking Price
$3,299,000
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)
3,900
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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