For Sale · Retail

3073 BLOOR STREET W, Toronto (Stonegate-Queensway)

3073 BLOOR STREET W, Toronto (Stonegate-Queensway), ON M8X1C7

$2.5M total

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Asset Class

Retail

Size

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Building class

B

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

93%

About this property

Excellent opportunity to acquire a two-storey mixed-use building on Bloor Street West, just west of Royal York Road and within The Kingsway BIA. The main floor is commercial restaurant space and can be delivered vacant on closing, with a two-bedroom apartment on the second floor. Prime location along a vibrant Bloor West commercial corridor, surrounded by shops, restaurants, cafés, services and established residential neighbourhoods. Short walk to Royal York TTC Subway Station. An excellent opportunity for both investors and end users in one of west Toronto's most established neighbourhoods. (id:66811)

Financial sandbox

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Estimate
Purchase price$2.50M
Down payment30% · $750K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$12K

Projected NOI

$143K

Annual cash flow

$5K

Cash-on-cash

0.65%

DSCR

1.04

Going-in cap

5.74%

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

96,347

Households

37,536

Median income

$70,500

Median age

41.3

Daytime population

156,018

5-yr growth

7.9%

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

Secure deal room

Confidential diligence documents for 3073 BLOOR STREET W, Toronto (Stonegate-Queensway).

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.