Business For Sale · Retail

1623 EGLINTON AVENUE W, Toronto (Oakwood Village)

1623 EGLINTON AVENUE W, Toronto (Oakwood Village), ON M6E2H7

$1.0M total

1,800 SF

Asset Class

Retail

Size

1,800 SF

Building class

A

Zoning

CNC — Neighbourhood Commercial

$ / SF

$568

Occupancy

84%

About this property

Excellent exposure fronting on Eglinton Ave. and steps from high traffic intersections. Close proximity to highways & public transportation including TTC Subway and Eglinton Crosstown LRT. A fantastic opportunity for Retailers and Service Providers alike. This unit includes a Residential Apartment on the second floor, a recently renovated Main Floor Retail space, approx. 900 Sq Ft., and an incremental +/- 900SF of basement space - perfect for storage, supplies, files. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.02M
Down payment30% · $307K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$5K

Projected NOI

$51K

Annual cash flow

$-6K

Cash-on-cash

-1.83%

DSCR

0.90

Going-in cap

4.99%

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.

Rent roll (estimated)

TenantAreaExpiry
Vector Robotics1,514 SF2030-08

Area demographics

Trade area within 3 miles of the property.

Population

90,416

Households

33,371

Median income

$122,000

Median age

36.3

Daytime population

91,612

5-yr growth

7.1%

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

Secure deal room

Confidential diligence documents for 1623 EGLINTON AVENUE W, Toronto (Oakwood Village).

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.