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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$398,000
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
Multi-Complex with an indoor shopping mall, this beautiful unit is ideal for a jewelry store, Rogers, Fido, Phone company kiosk, computer store, coffee shop, clothing and accessories, phone company and any retails. Monthly, Maintenance fee $355. .Store including glasses display cabinet, designed shelves Open concept that can be all covered by glasses .. Key turn operation. be great for this mall or retail store, as this unit is surrounded by hotels and approximately 1200 residential condominium units. There is a supermarket nearby, with great exposure from the hallway. There is ample underground parking space for tenants and visitors. Must see it **EXTRAS** Easy Showing, All Measurements & Taxes verified by Buyer/Buyer's lawyer & agent. Attach Sch B & form 801 (id:39198)
Location
Province
Ontario
City
Markham
Address
196 - 7181 Yonge Street E
Postal Code
L3T0C7
Location Highlights
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Listed by
HOMELIFE/BAYVIEW REALTY INC. 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
229
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
$398,000
Asking Price
$398,000
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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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)
229
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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