Business For Sale · Specialty

7 - 7077 BATHURST STREET, Vaughan (Crestwood-Springfarm-Yorkhill)

7 - 7077 BATHURST STREET, Vaughan (Crestwood-Springfarm-Yorkhill), ON L4J2J6

$38,800 total

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Asset Class

Specialty

Size

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Building class

A

Zoning

US — Urban Services

$ / SF

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Occupancy

83%

About this property

Turn-key dry-cleaning depot with alteration business available in a premier, high-traffic retail plaza at Steeles and Bathurst. This operation boasts a strong base of loyal, long-term clientele. Featuring consistent revenues and a prime intersection, the business offers exceptional growth potential for an incoming owner. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$39K
Down payment30% · $12K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$179

Projected NOI

$2K

Annual cash flow

$-265

Cash-on-cash

-2.27%

DSCR

0.88

Going-in cap

4.86%

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

46,534

Households

19,947

Median income

$123,000

Median age

32.3

Daytime population

41,454

5-yr growth

7.2%

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

Secure deal room

Confidential diligence documents for 7 - 7077 BATHURST STREET, Vaughan (Crestwood-Springfarm-Yorkhill).

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.