Business For Sale · Specialty

101 - 6349 YONGE STREET, Toronto (Newtonbrook East)

101 - 6349 YONGE STREET, Toronto (Newtonbrook East), ON M2M3X7

$36,000 total

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Asset Class

Specialty

Size

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Building class

B

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

94%

About this property

Well-established and profitable dry cleaning, laundry, and alteration business located in the high-demand Yonge and Steeles neighbourhood. Situated directly on Yonge Street, featuring prominent street-facing windows that provide excellent visibility and ample parking. The business benefits from a loyal clientele and a prime location. An easy-to-operate business with strong profitability and excellent growth potential. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$36K
Down payment30% · $11K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$166

Projected NOI

$2K

Annual cash flow

$441

Cash-on-cash

4.09%

DSCR

1.22

Going-in cap

6.77%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

64,822

Households

23,410

Median income

$113,000

Median age

35.4

Daytime population

83,616

5-yr growth

9.1%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 101 - 6349 YONGE STREET, Toronto (Newtonbrook East).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.