For Sale · Retail

183 AUGUSTA AVENUE, Toronto (Kensington-Chinatown)

183 AUGUSTA AVENUE, Toronto (Kensington-Chinatown), ON M5T2L4

Price on request

825 SF

Asset Class

Retail

Size

825 SF

Building class

B

Zoning

CSC — Shopping Centre

$ / SF

—

Occupancy

82%

About this property

Prime Locations!! Welcome To One Of The Best Core Business Area In Downtown Toronto! Walking Distance To China Town & Kensington Market. Recent Upgraded Building , Great Spacious & Functional Layout On Main Floor With Vintage Charm and Finished Partial Basement Area Included For Tenant's Use. 9 Feet Ceiling On Ground Floor. The Best Use For This Particular Commercial On Main Floor / Residential Upstairs Property Is Lawyer Or Accounting Office. But It Is Not Limited To Other Use Such As Small Restaurant & Cafeteria, Medical Clinic & Fashion Store, Torism & Travel Agency And Many Other Uses. Don't Miss It!!! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$66K

Annual cash flow

$-17K

Cash-on-cash

-3.83%

DSCR

0.79

Going-in cap

4.39%

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
Cascade Foods Inc.400 SF2027-01
Cascade Foods Inc.400 SF2027-01
Cascade Foods Inc.400 SF2027-01

Area demographics

Trade area within 3 miles of the property.

Population

45,020

Households

17,452

Median income

$100,000

Median age

32.1

Daytime population

54,303

5-yr growth

3.9%

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

Secure deal room

Confidential diligence documents for 183 AUGUSTA AVENUE, Toronto (Kensington-Chinatown).

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.