1/11A3-A4 - 4771 STEELES AVENUE E, Toronto (Milliken)
A3-A4 - 4771 STEELES AVENUE E, Toronto (Milliken), ON M1V4S5
$329,000 total
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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
82%
About this property
Excellent Restaurant Opportunity in Prime Steeles/Midland Location! Newly renovated Chinese restaurant with approximately 110 seats and LLBO license. Features 3 private dining rooms, brand-new equipment, a fully equipped commercial kitchen, and a practical, well-designed layout. Conveniently located with easy access to major roads and ample on-site parking. Reasonable rent with a great setup suitable for a variety of restaurant concepts and cuisines. Turnkey opportunity with excellent potential. Don't miss this rare opportunity! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$17K
Annual cash flow
$-1K
Cash-on-cash
-1.08%
DSCR
0.94
Going-in cap
5.22%
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
122,686
Households
49,185
Median income
$108,000
Median age
45.7
Daytime population
131,660
5-yr growth
2.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for A3-A4 - 4771 STEELES AVENUE E, Toronto (Milliken).
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.