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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$89,000
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
Commercial/Retail Condo Unit In Scarborough. Affordable Retail Shops In Convenient Location At Sheppard And Midland. Well Maintained Building And Easy Access To Highway. Price Includes 2 Units (A203 & A204) & 1 Underground Parking. Currently Tenanted By Medical Facility With Lease Finish By End Of May 2024. Vacant Possession After June 1, 2024. Water Source Available Inside The Unit. Use For Multi Retail Services. Easy Access And Steps To Bus Stop. Elevator, Food Court, Restaurant Nearby. Lots Of Outdoor And Indoor Parking. **** EXTRAS **** 2 Separate Units; Opportunity To Open Up To One Bug Unit. (id:39198)
Location
Province
Ontario
City
Toronto
Address
#a203* -4211 Sheppard Ave E
Postal Code
M1S5H5
Location Highlights
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Listed by
CENTURY 21 KING'S QUAY REAL ESTATE 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
678
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
$89,000
Asking Price
$89,000
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)
678
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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