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Retail Property For Sale at Dundas in Toronto, Ontario

4 Sale ID #276708
Archived 19 Sep 2024

Asking Price

$2,690,000

Cap Rate help 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.

N/A

Lot Size

N/A

Building Size

N/A

Premise Summary

Mixed use building (commercial/residential) on the edge of the Junction. This 5,400 SF building is improved with a retail unit on the ground level and one 3 bedroom and one 2 bedroom apartment on the second level. The retail space is to be treated as vacant. Owner occupies back garage of the laneway and the 3 bedroom apartments which can also be treated as vacant. Property has 3 parking stalls off the back lane way. This fast growing neighbourhood continues to see an increase in development. With close proximity to the GO and UP station, this area provides easy access throughout the city.

  • MLS® : #W9234996
  • Date Listed : 01 Aug 2024

Location

Province

Ontario

City

Toronto

Address

Dundas

Postal Code

M6S 2T2

Location Highlights

N/A

Listed by

Ontario listing

Category

retail-properties

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

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

N/A

Operational Information

Number of Working Owners

N/A

Current Owner - years

N/A

FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$2,690,000

Asking Price

$2,690,000

Cap Rate help 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.

N/A

NOI help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

N/A

Gross Revenue- annual

N/A

Cash Flow - annual help 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)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

0

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A

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