Business For Sale · Retail

214 OSSINGTON AVENUE, Toronto (Trinity-Bellwoods)

214 OSSINGTON AVENUE, Toronto (Trinity-Bellwoods), ON M6J2Z7

$449,000 total

—

Asset Class

Retail

Size

—

Building class

C

Zoning

CNC — Neighbourhood Commercial

$ / SF

—

Occupancy

97%

About this property

THIS MULTIFACETED VENUE IS SET UP FOR A VARIETY OF DIFFERENT CONCEPTS AND USES. STUNNING DESIGN AND FIXTURES COMPLETED WITH HIGH END FINISHES. WELL LAID OUT WITH AMAZING INFRASTRUCTURE, AN INVITING BAR, MULTIPLE DINING AREAS, A FULL COMMERCIAL KITCHEN, PREP AREA, AND MORE. SOARING CEILINGS AND FLOOR TO CEILING FRONT WINDOWS GIVE THE SPACE STANDOUT FRONTAGE IN ONE OF THE CITY'S MOST SOUGHT AFTER HOSPITALITY LOCATIONS. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$449K
Down payment30% · $135K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$30K

Annual cash flow

$5K

Cash-on-cash

3.85%

DSCR

1.21

Going-in cap

6.70%

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

84,711

Households

30,009

Median income

$85,500

Median age

44.2

Daytime population

87,777

5-yr growth

1.1%

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

Secure deal room

Confidential diligence documents for 214 OSSINGTON AVENUE, Toronto (Trinity-Bellwoods).

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.