40 KING STREET W, Toronto (Bay Street Corridor)
Business For Sale · Retail

40 KING STREET W, Toronto (Bay Street Corridor)

40 KING STREET W, Toronto (Bay Street Corridor), ON M5H3Y2

$150,000 total

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Asset Class

Retail

Size

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Building class

C

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

89%

About this property

GREAT OPPORTUNITY TO OWN one of Canada's Leading National Health Food Chain "Nutrition House" IN SCOTIA PLAZA AT YONGE AND KING ST W, Downtown Toronto. Includes an NH Direct ecommerce website, Area: 1137square feet. Royalties: 5% of Sales, Good Income. Gross Monthly Rent: $6,500 plus utilities plus 14% of sales in excess of $557,000 in year 1,Located in a thriving Business Community in the Heart of Toronto at the base of 3 integrated buildings and 2,000,000 square feet of combined office space Office tenants include Scotiabank, Pacific Life Insurance, and Northleaf Capital Partners, Part of the busy underground P.A.T.H. system that accommodated over 200,000 daily commuters. Great co-tenants including Oxygen Yoga Fitness, Winners, L'Attitudes, Aroma, Ninki Sushi, Thai Express, and Tim Hortons, Busy King Subway Station on-site.Term - 5 years plus an option for 5 years, Price Includes a newly renovated store. AVAILABILITY : JANUARY 2027 (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$150K
Down payment30% · $45K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$693

Projected NOI

$9K

Annual cash flow

$572

Cash-on-cash

1.27%

DSCR

1.07

Going-in cap

5.92%

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

121,694

Households

47,659

Median income

$94,500

Median age

45.1

Daytime population

171,575

5-yr growth

3.9%

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

Secure deal room

Confidential diligence documents for 40 KING STREET W, Toronto (Bay Street Corridor).

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.