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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,450,000
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
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)
Location
Province
Ontario
City
Toronto
Address
2869 Lake Shore Blvd W
Postal Code
M8V1H8
Location Highlights
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Listed by
INTERNATIONAL REALTY FIRM, 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
8,800
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
N/A
Financial Information
Yearly Rate
$3,450,000
Asking Price
$3,450,000
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)
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EBITDA Earnings Before Interest, Taxes, Depreciation, Amortization.
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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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