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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,959,900
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
The perfect opportunity for investors and users to invest in a corner gem situated in Little Italy. This professionally maintained mixed-used building incl 1 com unit and 4 units. The main-level commercial space offers one storefront with excellent corner exposure and access to the busy foot traffic of Bloor and Dovercourt. The second and third level of the property is designed with 4 units. Prime location and incredible exposure are desirable for easy rentals and high demand for its commercial space, which contributes to the overall value of the building. The location is famous for its charismatic neighbourhood, lively nightlife, and great transit options **** EXTRAS **** ****Email Both LA for Feature Sheet Package**** (id:39198)
Location
Province
Ontario
City
Toronto
Address
725 Dovercourt Rd
Postal Code
M6H2W7
Location Highlights
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Listed by
ROYAL LEPAGE SIGNATURE REALTY 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
0
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
$1,959,900
Asking Price
$1,959,900
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)
0
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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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.
