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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,648,000
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
Embrace creativity in Leslieville, a vibrant artistic hub in Toronto! This unique detached building, once a movie props warehouse, now offers a stunning live-work space, ideal for artists, photographers, and musicians. Melding loft-style living with the independence of a freehold home, creating an inspiring environment that blends contemporary design with industrial charm. The spacious layout, boasts an open-plan design, adaptable for studios, galleries, or rehearsal spaces, catering to a variety of artistic needs, while the rooftop terrace offers breathtaking views of the Toronto skyline. With approved permits for a 2-car garage and third-story addition, this property is a versatile and rare find in the GTA! A unique blend of privacy, inspiration, and style for the creatively inclined. **** EXTRAS **** Permits and drawing in place for a 2 car garage + 3rd story addition. (id:39198)
Location
Province
Ontario
City
Toronto
Address
126 Sears St
Postal Code
M4L1B2
Location Highlights
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Listed by
RE/MAX HALLMARK REALTY LTD. 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
3,750
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
N/A
Financial Information
Yearly Rate
$3,648,000
Asking Price
$3,648,000
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.
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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)
3,750
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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