Rotate your device back to portrait Mode!
Rotate your device back to portrait Mode!
BROKERS Register for FREE
BrokerStudio
Suite of tools & services
Benefits
Asking Price
$5,499,000
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
Lot Size
N/A
Building Size
N/A
Premise Summary
Location, location, location! Beautiful 3 story brick building in prime, upscale Rosedale on Yonge St with proximity to Rosedale Subway Station. High density area with several new condos in the neighbourhood. Excellent user or investor opportunity, many potential uses. Walk to Yorkville & Bloor/Yonge business district. Laneway access to 2 car garage/ coach house. Lovely private garden with various potential uses. Loaded with character & charm. Main floor commercial space with 2nd & 3rd floor (total of 4) residential units. Recently updated interiors. High foot-traffic area in one of Canada's most sought after & prestigious neighbourhoods with a ""Who's Who"" list of local residents and many high-end shops & fine dining. **** EXTRAS **** Property will be vacant on possession /closing! Excellent opportunity for the buyer to attain current market rents. 2 parking spots are available in the double garage/ coach house. (id:39198)
Location
Province
Ontario
City
Toronto
Address
1066 Yonge St
Postal Code
M4W2L4
Location Highlights
N/A
Listed by
CHESTNUT PARK REAL ESTATE LIMITED Ontario listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
2,763
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
$5,499,000
Asking Price
$5,499,000
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.
N/A
Gross Revenue- annual
N/A
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)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
2,763
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
Save this Listing
Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
