Business For Sale · Retail

22 - 15 NORTHTOWN WAY, Toronto (Willowdale East)

22 - 15 NORTHTOWN WAY, Toronto (Willowdale East), ON M2N7A2

$98,000 total

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Asset Class

Retail

Size

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Building class

C

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

83%

About this property

Turnkey beverage shop for sale in the heart of North York at Yonge & Finch. This fully renovated, 487 sq. ft. space offers excellent visibility, strong foot traffic, and high demand for delivery in a high-density area.The existing brand is not included in the sale. Buyers interested in continuing under the existing brand may discuss franchise terms separately. Alternatively, buyers may rebrand and introduce their own products, with seller training available if needed.The lease runs until April 30, 2029, with a 5-year renewal option. Monthly rent is $5,123.38, including TMI and HST. (id:66811)

Financial sandbox

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Estimate
Purchase price$98K
Down payment30% · $29K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$453

Projected NOI

$4K

Annual cash flow

$-1K

Cash-on-cash

-3.49%

DSCR

0.81

Going-in cap

4.49%

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

40,958

Households

16,917

Median income

$107,000

Median age

34.1

Daytime population

69,056

5-yr growth

3.1%

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

Secure deal room

Confidential diligence documents for 22 - 15 NORTHTOWN WAY, Toronto (Willowdale 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.