Rotate your device back to portrait Mode!
Rotate your device back to portrait Mode!
BROKERS Register for FREE
BrokerStudio
Suite of tools & services
Benefits
Asking Price
$599,000
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.
N/A
Lot Size
N/A
Building Size
N/A
Premise Summary
High-Exposure Location Ideal for Retail, Office, Clinic, or Restaurant. Located in a very busy area with over 2,000 residential units, 100 clinics, and plenty of parking lots, this 752 sq. ft. retail unit is at the base of The Mint Condos at Bronte Rd. & Dundas St. W. The unit offers excellent street visibility, natural light, and is currently operating as a convenience store (equipment available at additional cost). Zoning MU3 Sp:346 permits a wide range of uses including retail, office, clinic, and restaurant. The building features a gym, party room, and two schools within 100 metres, offering strong daily foot traffic and community engagement. With limited commercial units and low competition, this location presents a rare opportunity for a new or expanding business. Includes 1 owned underground parking spot, 70+ visitor spaces, and additional street parking. Low monthly condo fees of $350 and 2024 property taxes of $5,500. Surrounded by strong demographics and ongoing high-rise development. (id:39198)
Location
Province
Ontario
City
Oakville
Address
Old Bronte
Postal Code
L6M4J2
Location Highlights
N/A
Listed by
ROYAL LEPAGE REALTY PLUS Ontario listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
752
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
N/A
Financial Information
Yearly Rate
$599,000
Asking Price
$599,000
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.
N/A
NOI
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
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
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
752
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
Save this Listing
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.
