BROKERS Register for FREE
BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,650,000
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
Lot Size
N/A
Building Size
N/A
Premise Summary
Freestanding commercial/retail building with fantastic signage exposure on Wilson Avenue. Rare opportunity for an investor in search of turn-key, hands off operation or the end user looking for unprecedented growth. Top to bottom renovations throughout ($$$) including brand new lighting, flooring, painting & roof. Central air & high efficiency furnace. Main floor with 4 offices + large open reception area, kitchenette & washroom. Lower floor with 3 offices, large reception area and 2 washrooms. Conveniently located at Weston & Wilson with easy access to Highways 401 & 400. Currently tenanted at premium market rent, option to be vacant upon new possession. Financials available upon request. **** EXTRAS **** Suitable for several professional uses: Medical, Accountant. lawyer, showroom, church, food, etc. (id:39198)
Location
Province
Ontario
City
Toronto
Address
1874 Wilson Ave
Postal Code
M9M1A5
Location Highlights
N/A
Listed by
ROYAL LEPAGE YOUR COMMUNITY REALTY 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
3,875
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
$1,650,000
Asking Price
$1,650,000
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.
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)
3,875
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