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Retail Property For Sale at 169 DANFORTH AVE in Toronto, Ontario

4 Sale ID #176431
Updated 28 Apr 2024

Asking Price

$2,599,000

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.

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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)

  • MLS® : #E7265728
  • Date Listed : 01 Nov 2023

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

retail-properties

Property Information

Premise Status

N/A

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 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

$2,599,000

Asking Price

$2,599,000

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.

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Gross Revenue- annual

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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)

5,014

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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