BROKERS Register for FREE
BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,388,888
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! Excellent Opportunity To Own This Commercial Building In The Thriving Community Of Bayview Area! Calling All Investors, End Users or Developers. Currently One Long Term Tenant on Main Floor & Basement/ Well Established Mexican Restaurant. Features 2 Unit Apartments on the 2nd Floor, Each W/ One 1 Bedroom & 1 Washroom (Both Units are Vacant/ Need TLC). Potential to Rent The Upper Units to 2 Different Families And/ Or Businesses. **** EXTRAS **** Don't Go Direct Without Appt. (id:39198)
Location
Province
Ontario
City
Toronto
Address
1618 Bayview Ave
Postal Code
M4G3B7
Location Highlights
N/A
Listed by
SAM MCDADI REAL ESTATE INC. 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
2,477
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
$2,388,888
Asking Price
$2,388,888
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)
2,477
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