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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$13,700,000
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
Rare Opportunity To Own A Signature Asset In The Heart Of Downtown, Newly Renovated And Improved, Close To New Ontario Line Subway, Zoning Recently Changed To Allow Up To Approx 30 Storeys, 90 Meters Height, Price Reflects Air Rights For Future Build Up Potential. %80 Rented With $360K Gross Income. (id:39198)
Location
Province
Ontario
City
Toronto
Address
112-114 Sherbourne St
Postal Code
M5A2R2
Location Highlights
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Listed by
TOP CANADIAN REALTY INC. Ontario listing
Category
Property Information
Premise Status
N/A
With Accommodation
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Tenancy
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Lot Size
N/A
Available Space
N/A
Building Size
3,918
Year Built
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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
$13,700,000
Asking Price
$13,700,000
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)
3,918
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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