1/10371 RONCESVALLES AVENUE, Toronto (Roncesvalles)
371 RONCESVALLES AVENUE, Toronto (Roncesvalles), ON M6R2M7
$59,000 total
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Asset Class
Retail
Size
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Building class
A
Zoning
CNC — Neighbourhood Commercial
$ / SF
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Occupancy
89%
About this property
Asian Restaurant for sale in the heart of Roncesvalles! Excellent Opportunity To Own A Charming Turn-Key Restaurant, Located in one of Toronto's busiest west-end shopping districts, Roncesvalles Village, ensuring high foot traffic and visibility. Suitable for dine-in, takeout, and delivery services, catering to a diverse clientele, especially during busy weekends. Close to High Park, St. Joseph's Hospital, and the annual Roncesvalles Festival, attracting both locals and tourists. Licensed under the Liquor License Act (LLBO) for 47 patrons, providing ample space for guests. The restaurant's layout allows for easy transformation to accommodate various culinary concepts. Strong sales and long list of chattels and equipment available. Landlord Will Sign A Lease-Transfer With The Buyer. This well-established eatery is ready for immediate operation, offering a seamless transition for the new owner! DO NOT DISTURB THE BUSINESS OR CONTACT ANY EMPLOYEES OF THE BUSINESS. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$272
Projected NOI
$3K
Annual cash flow
$220
Cash-on-cash
1.25%
DSCR
1.07
Going-in cap
5.91%
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
107,168
Households
38,122
Median income
$63,500
Median age
40.1
Daytime population
120,953
5-yr growth
7%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 371 RONCESVALLES AVENUE, Toronto (Roncesvalles).
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.