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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,850,000
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
Prime Brand New Office/Retail Space for Sale at Reina Condos! In the heart of Etobicoke, this space is ideal for professionals in various fields including real estate, legal services, medical practice, dentistry and more. This raw space offers a blank canvas to design & customize your dream workspace. The possibilities are endless. Enjoy the convenience of a highly visible, high traffic location with easy access to QEW, public transportation, street parking, and nearby restaurants, shops, and parks for staff and clients. Extra high ceiling heights and large windows allow for ample natural light, creating a bright and inviting atmosphere. Don't miss this newly offered opportunity! Occupancy January 2025. **** EXTRAS **** 1 parking space available for purchase. (id:39198)
Location
Province
Ontario
City
Toronto
Address
#8 -689 The Queensway
Postal Code
M8Y1L1
Location Highlights
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Listed by
KELLER WILLIAMS CO-ELEVATION 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
2,711
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
$1,850,000
Asking Price
$1,850,000
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)
2,711
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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