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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$469,000
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
Great opportunity to own investment commercial condo unit as a Jewel Of The Aura Shopping Mall In The Yonge-College Vicinity. Home Of Major High Rise Condos And Office Towers. A Two-Glass Wall-Corner Unit In The Food Court With Maximum Visibility. Steps Away From College Subway Station. Huge Number Of Residences Of High-Rise Condo Buildings Within Bay & College. Lately world famous ""Ikea"" tenanted in the building as an anchor tenant. **** EXTRAS **** The current tenant is pharmacy, Great exposure to Food court traffic, Good for Wide range of use (must be verified by the buyer). Most of retails, Hair, Barber, Nail, Tattoo, Massage, Real Estate office, Vape Store, Accounting office. (id:39198)
Location
Province
Ontario
City
Toronto
Address
#32 -384 Yonge St
Postal Code
M5G2K2
Location Highlights
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Listed by
ROYAL LEPAGE REAL ESTATE SERVICES LTD. 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
457
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
$469,000
Asking Price
$469,000
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)
457
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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