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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,800,000
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
Golden Opportunity on Yonge Street! Pretty Oasis Like Settings With Creek At Rear to Enjoy The Beautiful Natural Scenery. Excellent Fit For A Business Or Professional Office With Store Front On Main Floor & 2 Bedroom Apt. Above ground All Newer Construction, Built To Current Codes, Fire Protection Between Commercial Space & Residential Space. Many Permitted Uses For C2-Ep Zoning. Beautiful Upgrades & Top Quality Finishes. Features Custom Staircase, Custom Trim, Gorgeous Hardwood Floors, Flat Ceilings, Upgraded Open Concept Kitchen. 2-100 Amps With Sep. Hydro Panels & Meters. 3 Car Parking. On Street Parking Available Also. Possible Future Development Opportunity Especially In Case Of Being Combined With The Adjacent Lots. This Is One Of Kind Investment Opportunity With Modern Residence Conditions, A Rare Find Live in, Just Wait And Win Property! **** EXTRAS **** Plenty Of Storage In Basement. I-4 Pc. Bath - Upper, 1-2 Pc. Main, 1-1 Pc. Basement. (id:39198)
Location
Province
Ontario
City
Aurora
Address
15120 Yonge St
Postal Code
L4G1M2
Location Highlights
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Listed by
REALTY ASSOCIATES 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
1,800
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
$1,800,000
Asking Price
$1,800,000
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)
1,800
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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