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Benefits
Asking Price
$2,599,000
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
Danforth and Broadview Top Tier Location - Welcome to an exceptional real estate opportunity that embodies versatility and convenience in the heart of Danforth. This remarkable mixed-use building, spanning 5000 square feet across three floors, is strategically located on the prime block of Danforth Avenue, offering an unparalleled fusion of residential and commercial opportunities. This building offers ultimate flexibility with separate entrances for all three floors allowing any blend of residential, commercial and retail uses.The building has lane access with 2 parking spaces and sits directly across from Shoppers Drug Mart and LCBO. Steps from Broadview, which provides the best of both worlds, The charm of the Danforth with immediate access to Bloor/Yorkville and the downtown core. This property is the shining example of Location, Location, Location! **** EXTRAS **** Third Listing agent is Stephanie White Willitts Legal Description - PT LT 1 PL 62E TORONTO PT 4, 6 63R754; S/T & T/W CA584647; CITY OF TORONTO (id:39198)
Location
Province
Ontario
City
Toronto
Address
169 Danforth Ave
Postal Code
M4K1N2
Location Highlights
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Listed by
BOSLEY REAL ESTATE 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
5,014
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
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Financial Information
Yearly Rate
$2,599,000
Asking Price
$2,599,000
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)
5,014
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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