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Retail Property For Sale at 2869 LAKE SHORE BLVD W in Toronto, Ontario

4 Sale ID #200350
Updated 27 Apr 2024

Asking Price

$3,450,000

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

Lot Size

N/A

Building Size

N/A

Premise Summary

Large retail corner property / large floor plate, column free space with high ceilings. Single tenant lease to 2026 / ample possibilities for owner occupier and value-add investor. Parking along Lake Shore and Fifth St / Green-P parking lot on Fifth St / Rear doors for loading / Rear lane access. High traffic location / fronting 24HR Streetcar / minutes to Mimico GO Station / minutes to Gardiner Expy and Hwy 427. Versatile zoning permits various retail, professional and services uses. **** EXTRAS **** 1st Floor: 4,400 SF / high ceilings / column free 2nd Floor: 4,400 SF / high ceilings / column free Basement: 4,400 SF Roof top HVAC / New roof / Enviro report available Marketing package available upon request. Tours by appointment only. (id:39198)

  • MLS® : #W8032228
  • Date Listed : 30 Jan 2024

Location

Province

Ontario

City

Toronto

Address

2869 Lake Shore Blvd W

Postal Code

M8V1H8

Location Highlights

N/A

Listed by

INTERNATIONAL REALTY FIRM, INC. Ontario listing

Category

retail-properties

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

8,800

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 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

$3,450,000

Asking Price

$3,450,000

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.

N/A

Gross Revenue- annual

N/A

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)

8,800

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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