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Retail Property For Sale at #40 -7250 KEELE ST in Vaughan, Ontario

4 Sale ID #172605
Updated 04 May 2024

Asking Price

$299,000

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.

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Lot Size

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Building Size

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Premise Summary

AAA commercial hub of GTA. One of its own kind opportunity to own your business place and pay off without paying others rent. Amazing investment opportunity in Canada's largest home improvement centre with over 400 showrooms in one stop shop marketplace! This absolutely modern building is located at a high traffic area of Vaughan with great visibility, facing on a very busy street with plenty of free parking. Building includes use of meeting facilities/conference rooms, kitchen and washrooms. Minutes from all major highways, your personal visit to this mega commercial hub is strongly recommended. Once you visit, you will be amazed to see the high-quality set up. (id:39198)

  • MLS® : #N7231412
  • Date Listed : 19 Oct 2023

Location

Province

Ontario

City

Vaughan

Address

#40 -7250 Keele St

Postal Code

L4K1Z8

Location Highlights

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Listed by

CENTURY 21 PEOPLE'S CHOICE REALTY INC. Ontario listing

Category

retail-properties

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

445

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 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

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Financial Information

Yearly Rate

$299,000

Asking Price

$299,000

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

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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)

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EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

445

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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