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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$388,000
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
Looking for a profitable investment opportunity? This rare Live/Work property offering the perfect blend of residential comfort and commercial flexibility, located at the bustling intersection of Kennedy & Sheppard, already has an established commercial tenant with steady cash flow! With busy traffic and excellent visibility, this property is perfectly positioned near TTC, Walmart, No Frills, office buildings, and a variety of restaurants. Located mins away from Hwy 401 and local schools. The property features a large reception area, 4 rooms, a 2-pc bathroom & 2 shower units, above ground customer parking lot, offering versatility for many business types. This unique space is zoned for both residential and commercial use, making it an ideal choice for self-employed and investors seeking versatility. (id:39198)
Location
Province
Ontario
City
Toronto
Address
Kennedy
Postal Code
M1T3G9
Location Highlights
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Listed by
HC REALTY GROUP 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
930
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
$388,000
Asking Price
$388,000
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)
930
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.
