Business For Sale · Retail

4 - 573 ROGERS ROAD, Toronto (Keelesdale-Eglinton West)

4 - 573 ROGERS ROAD, Toronto (Keelesdale-Eglinton West), ON M6M1B7

$190,000 total

—

Asset Class

Retail

Size

—

Building class

C

Zoning

CNC — Neighbourhood Commercial

$ / SF

—

Occupancy

90%

About this property

This fully built-out restaurant presents an excellent opportunity for anyone looking to enter the fast-casual dining industry. The versatile space is suitable for a variety of food-service concepts, offering flexibility to continue the current operation or introduce a new brand and menu. Equipped with essential restaurant fixtures and equipment, including a commercial rotisserie, hot table, stainless steel prep areas, grill, and walk-in cooler, the kitchen is designed for efficient day-to-day operations. The inviting dine-in area features ample seating, creating a comfortable experience for customers from day one. At the rear, the premises include a spacious prep area, dedicated storage room, and private office, providing excellent functionality and organization. Surrounded by schools, residential neighbourhoods, and established businesses, this location benefits from strong foot and vehicle traffic, offering steady daily activity and excellent visibility. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$190K
Down payment30% · $57K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$877

Projected NOI

$12K

Annual cash flow

$1K

Cash-on-cash

2.02%

DSCR

1.11

Going-in cap

6.15%

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

144,666

Households

55,195

Median income

$68,500

Median age

41.2

Daytime population

171,633

5-yr growth

3.6%

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

Secure deal room

Confidential diligence documents for 4 - 573 ROGERS ROAD, Toronto (Keelesdale-Eglinton West).

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.