Business For Sale · Specialty

679 LANSDOWNE AVENUE, Toronto (Dovercourt-Wallace Emerson-Junction)

679 LANSDOWNE AVENUE, Toronto (Dovercourt-Wallace Emerson-Junction), ON M6H3Y9

$65,000 total

—

Asset Class

Specialty

Size

—

Building class

A

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

88%

About this property

660 SQUARE FEET OF CLEAR SPACE OPEN CONCEPT KITCHEN WITH FULL HOOD RANGE GREAT FRONTAGE DIRECTLY ACROSS THE STREET FROM THE SUBWAY STATION AND BUS STOP. THIS IS ALL DAY TRAFFIC AT THE FRONT DOOR! IDEAL FOR ANY TYPE OF FOOD OPERATION - THE POSSIBILITIES ARE ENDLESS MONTHLY RENT OF ONLY $3,500.00 INCLUSIVE OF TMI. NEW 5 YEAR LEASE W/ OPTIONS * EXHAUST HOOD W/ FIRE SUPPRESSION! THIS IS A MUST SEE!!! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$65K
Down payment30% · $20K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$300

Projected NOI

$4K

Annual cash flow

$-24

Cash-on-cash

-0.12%

DSCR

0.99

Going-in cap

5.50%

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

39,926

Households

17,105

Median income

$89,500

Median age

32.1

Daytime population

41,814

5-yr growth

8.1%

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

Secure deal room

Confidential diligence documents for 679 LANSDOWNE AVENUE, Toronto (Dovercourt-Wallace Emerson-Junction).

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.