1/82662 DANFORTH AVENUE, Toronto (East End-Danforth)
2662 DANFORTH AVENUE, Toronto (East End-Danforth), ON M4C1L7
$65,000 total
—
Asset Class
Retail
Size
—
Building class
C
Zoning
CB1 — Low Intensity Business
$ / SF
—
Occupancy
90%
About this property
Well-established bar and restaurant business successfully operated by the same owner for over 14 years.The premises are fully equipped with restaurant equipment and offer excellent potential for a new operator. Two high-rise condominiums are coming to the surrounding area, providing strong future growth potential and increased customer traffic.Ideal for a variety of restaurant, bar, or food-service concepts.Liquor licence capacity of 30 persons* Monthly rent: approximately **$4,000, including TMI*** New lease agreement available* Suitable for a wide range of restaurant concepts* Excellent chance for looking for business location in a growing neighbourhood. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$300
Projected NOI
$4K
Annual cash flow
$372
Cash-on-cash
1.91%
DSCR
1.10
Going-in cap
6.11%
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
138,235
Households
62,251
Median income
$84,500
Median age
31.5
Daytime population
212,432
5-yr growth
4.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 2662 DANFORTH AVENUE, Toronto (East End-Danforth).
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.