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$1.3M total
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Asset Class
Retail
Size
—
Building class
B
Zoning
CSC — Shopping Centre
$ / SF
—
Occupancy
90%
Rare opportunity to acquire a successful restaurant (with building) and apartment in downtown Alliston, home of the Honda manufacturing plant. William's Restaurant, nestled on the busy main street has ample town parking, high visibility premier location with a vintage vibrant feel. Features proven turnkey business, building and apartment, covered and heated outdoor patio with 100 seats, 40 seats indoors with bar, solid brick building well cared for, fully equipped commercial kitchen, live & work opportunity - mixed use building, P.O.S system and liquor licence, extensive upgrades and enhanced building & chattels. In one of Ontario's fastest growing communities. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$6K
Projected NOI
$69K
Annual cash flow
$-3K
Cash-on-cash
-0.74%
DSCR
0.96
Going-in cap
5.32%
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.
Trade area within 3 miles of the property.
Population
90,489
Households
42,916
Median income
$68,000
Median age
40.8
Daytime population
100,824
5-yr growth
1.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 26 VICTORIA STREET E, New Tecumseth (Alliston).
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.