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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$15,950,000
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
Rarely Offered Freestanding Corner Property On Bloor St & Clinton St Consisting Of 4 Solid Commercial Tenants & 14 Apartments Comprised Of 10-2 Bedroom Units & 4-1 Bedroom Units. Fully Leased. Located In A Highly Coveted & Sought After Section Of Bloor St. Excellent Bloor St Exposure Close To All Amenities. Ideal Location. Two Minute Walk To Christie Subway Station. Large Lot With Municipal Parking Across From Property. Don't Miss This Opportunity. Tremendous Upside **** EXTRAS **** Tremendous Opportunity On Bloor St That Can Be Added To Your Real Estate Portfolio. Address *688-690 Bloor St & 363-367 Clinton St. Fully Leased & Super Close To Subway. High Pedestrian/Vehicular Traffic Counts (id:39198)
Location
Province
Ontario
City
Toronto
Address
688 Bloor St W
Postal Code
M6G1L2
Location Highlights
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Listed by
RE/MAX ULTIMATE 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
13,590
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
$15,950,000
Asking Price
$15,950,000
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)
13,590
Other Information
Owner willing to Finance
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Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
