Business For Sale · Retail

507 QUEEN STREET W, Toronto (Waterfront Communities)

507 QUEEN STREET W, Toronto (Waterfront Communities), ON M5V2B4

$85,000 total

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Asset Class

Retail

Size

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Building class

B

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

97%

About this property

Exceptional opportunity to acquire a well-established business in the heart of Queen Street West, one of Toronto's most vibrant and high-traffic retail corridors. Surrounded by strong residential density, popular restaurants, boutiques, and national retailers, this prime location offers excellent street exposure and consistent pedestrian traffic. Turn-key operation with existing leasehold improvements and a functional layout suitable for a variety of permitted uses. Ideal for owner-operators or investors looking to establish themselves in a highly sought-after downtown location. *Sale Of Business Without Property - Property Taxes included in monthly lease amount* (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$85K
Down payment30% · $26K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$393

Projected NOI

$6K

Annual cash flow

$1K

Cash-on-cash

4.67%

DSCR

1.25

Going-in cap

6.94%

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

84,409

Households

29,324

Median income

$93,000

Median age

42.6

Daytime population

120,039

5-yr growth

2.3%

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

Secure deal room

Confidential diligence documents for 507 QUEEN STREET W, Toronto (Waterfront Communities).

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.