Business For Sale · Retail

A & B - 3230 EGLINTON AVENUE E, Toronto (Scarborough Village)

A & B - 3230 EGLINTON AVENUE E, Toronto (Scarborough Village), ON M1J2H6

$249,000 total

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Asset Class

Retail

Size

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Building class

B

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

91%

About this property

Welcome to a busy grocery store with diversified businesses in it. (Mudaser Mart), with great income opportunities. located @busy intersection near Markham Road and Eglinton Ave East, Busy Plaza surrounded by a multiples buildings with lots of footfalls, Monthly Lease amount is $3,850.00 including TMI and Water, Hst. Existing Lease is valid till October, 2028 with option to renew in every 03 years. Lease Terms Can be Negotiate With Landlord after the offer accepted on lease conditionally, Serving Halal Meat, fast Food, Bread, Dry Fruits and grocery. It has Separate Bakery Section, fresh Meat Section, Fresh Tea & Chai Tea Section, Kitchen for Restaurant and Grocery Section. Scales are certified by "Measurement Canada". take out restaurant is registered with UBER Eats and more places, Name, email address are not included. Please visit the business before you make your decision. This might be your dream investment. Store Next door to Mosque boosting the business.. Lots Of Parking, Must Visit. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$249K
Down payment30% · $75K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$13K

Annual cash flow

$-1K

Cash-on-cash

-1.41%

DSCR

0.92

Going-in cap

5.12%

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

89,058

Households

34,127

Median income

$111,000

Median age

44.8

Daytime population

95,022

5-yr growth

2.9%

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

Secure deal room

Confidential diligence documents for A & B - 3230 EGLINTON AVENUE E, Toronto (Scarborough Village).

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.