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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$219,000
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
Very Rare Opportunity to have a nice office on Yonge St with Reasonable Price. Ready to move in, All renovated new office, Bright and Spacious, Clear glass door, Auto Lock Remote Key. Or Excellent Opportunity For Multi Use Related Business. Well known building with Over 200 Condos And 300 Retail Stores Located In A High Traffic Area At Yonge And Steeles. Future Subway Extension On Yonge/Steeles. This Unit Is Located In An Excellent First Floor Location. There Is Ample Underground Parking Spaces To Accommodate Tenants And Customers. **** EXTRAS **** Nice glass front door, Covered with Nice ceiling, Nice floor (id:39198)
Location
Province
Ontario
City
Markham
Address
#57 -7181 Yonge St
Postal Code
L3T0C7
Location Highlights
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Listed by
HOMELIFE FRONTIER 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
283
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
$219,000
Asking Price
$219,000
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)
283
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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