For Sale · Retail

MAIN - 74 HURON STREET, Toronto (Kensington-Chinatown)

MAIN - 74 HURON STREET, Toronto (Kensington-Chinatown), ON M5T2A7

Price on request

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Asset Class

Retail

Size

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Building class

C

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

91%

About this property

Exceptional 690 SF main floor walk-up storefront in the heart of Chinatown, steps from Dundas & Spadina! Bright, functional commercial unit featuring a large open area with high ceilings and a private rear office built out toward the back. The location is ideal for light retail, personal service, or professional office uses. Includes an existing 2-piece washroom, rough-in plumbing for a sink, and direct rear door access to the lane for seamless loading and deliveries. Outstanding exposure and signage opportunities. Positioned in downtown Toronto's vibrant core with heavy foot traffic year-round! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$77K

Annual cash flow

$-6K

Cash-on-cash

-1.26%

DSCR

0.93

Going-in cap

5.16%

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

143,237

Households

59,845

Median income

$107,000

Median age

31.3

Daytime population

127,243

5-yr growth

7.5%

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

Secure deal room

Confidential diligence documents for MAIN - 74 HURON STREET, 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.