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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,470,000
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
South-facing, in the heart of the eclectic St. Clair Gardens BIA, this commercial/residential property offers an opportunity for artists, entrepreneurs and investors alike. Upstairs is a designer 2-bedroom suite that was stylishly re-built with love for modern living. Designed & fabricated by @1925workbench - local Toronto makers renowned for quality custom finishes and attention to detail (featured in Designlines, House & Home and more) - this property is truly a must-visit. The residential space is open-concept in all the right places with painted exposed brick, handcrafted metal doors and panels, a walnut and marble-accented kitchen, quality wide plank flooring and locally handcrafted finishes that add charm, warmth and sophistication. The main floor and lower level are a versatile blank canvas, ideal for a resident artist or entrepreneur, with the opportunity to tailor the space to your specific needs. Property has rear parking and separate entrances. **** EXTRAS **** Great transit with dedicated street car tracks outside the door & < a 5-min walk to the future St. C/Old Weston GO. Very walkable to shopping at the Stockyards, exploring at Earlscourt Park, & community excitement at JJP Community Centre. (id:39198)
Location
Province
Ontario
City
Toronto
Address
1752 St Clair Ave W
Postal Code
M6N1J3
Location Highlights
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Listed by
CORE ASSETS REAL ESTATE 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
1,876
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
$1,470,000
Asking Price
$1,470,000
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)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
1,876
Other Information
Owner willing to Finance
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Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
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