Business For Sale · Retail

814 DUNDAS STREET W, Toronto (Trinity-Bellwoods)

814 DUNDAS STREET W, Toronto (Trinity-Bellwoods), ON M6J1V3

$299,000 total

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Asset Class

Retail

Size

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Building class

B

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

88%

About this property

Excellent opportunity to own an established Vietnamese restaurant operating for nearly 10 years in the heart of downtown Toronto! Prime location on vibrant Dundas St W, just west of Bathurst St, surrounded by popular restaurants, cafés, shops and established residential neighbourhoods. Conveniently located near Trinity Bellwoods Park, Kensington Market, Little Italy and West Queen West, with excellent street exposure, pedestrian traffic and easy access to TTC streetcar service. This well-established restaurant features a fully equipped commercial kitchen, dining area and Liquor Licence with a licensed capacity of 32 persons. Approximately 797 sq. ft. on the Main floor plus 172 sq. ft. of Basement space. New Walk-In Cooler and Freezer (3 years) at the back. The lease also includes Second-floor living accommodation featuring 2 bedrooms, a kitchen and a bathroom (second-floor area to be verified). An excellent live-and-work opportunity for owner-operators looking to establish or expand their restaurant business in one of Toronto's most vibrant neighbourhoods. Don't miss this rare opportunity! (id:66811)

Financial sandbox

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Estimate
Purchase price$299K
Down payment30% · $90K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$18K

Annual cash flow

$2K

Cash-on-cash

1.97%

DSCR

1.11

Going-in cap

6.13%

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

97,280

Households

42,193

Median income

$114,500

Median age

32

Daytime population

121,055

5-yr growth

5.3%

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

Secure deal room

Confidential diligence documents for 814 DUNDAS STREET W, Toronto (Trinity-Bellwoods).

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.