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Retail Property For Sale at 1618 BAYVIEW AVE in Toronto, Ontario

4 Sale ID #176480
Updated 28 Apr 2024

Asking Price

$2,388,888

Cap Rate help 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)

  • MLS® : #C7262202
  • Date Listed : 31 Oct 2023

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

retail-properties

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

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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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help 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 help 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 help 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 help 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 help 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


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