Business For Sale · Retail

3011 DUNDAS STREET W, Toronto (Junction Area)

3011 DUNDAS STREET W, Toronto (Junction Area), ON M6P1Z4

$179,900 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

85%

About this property

Fully equipped restaurant in Toronto's vibrant Junction neighborhood, ideally located at Dundas Street West and High Park Avenue. An excellent opportunity for an owner-operator to build on an established reputation or introduce a new culinary concept. The kitchen features a rotating Neapolitan pizza oven, walk-in fridge, chef's fridge and freezer, griddle, commercial flat-top grill, and a 10-foot exhaust hood with makeup air. A full basement provides additional prep space and an office, while convenient laneway access accommodates deliveries and waste collection. AGCO-licensed with 54 indoor seats, plus a 30-seat patio for seasonal outdoor dining. Current rent is $8,531 per month, including TMI and HST. The lease expires January 31, 2030, with two additional five-year renewal options. Training is available for new owners. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$180K
Down payment30% · $54K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$831

Projected NOI

$9K

Annual cash flow

$-1K

Cash-on-cash

-2.35%

DSCR

0.87

Going-in cap

4.84%

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

89,167

Households

39,144

Median income

$116,000

Median age

36

Daytime population

84,137

5-yr growth

2.4%

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

Secure deal room

Confidential diligence documents for 3011 DUNDAS STREET W, Toronto (Junction Area).

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.