Business For Sale · Specialty

201 - 2401 YONGE STREET, Toronto (Mount Pleasant West)

201 - 2401 YONGE STREET, Toronto (Mount Pleasant West), ON M4P3H1

$375,000 total

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Asset Class

Specialty

Size

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Building class

A

Zoning

US — Urban Services

$ / SF

—

Occupancy

93%

About this property

TURNKEY DENTAL CLINIC / DENTAL HYGIENE CLINIC FOR SALE - PRESTIGIOUS MIDTOWN TORONTO. An exceptional opportunity to acquire a fully built-out dental practice in a sought-after Midtown Toronto neighbourhood. Motivated sellers! Situated in a professional medical building, this well-appointed clinic features two fully equipped operatories, a dedicated dental laboratory with sink for fabricating sports guards, whitening trays and dental models, and a third built-out clinical room requiring only the installation of a dental chair. The existing lunchroom may offer additional conversion potential, subject to feasibility and all necessary landlord, municipal and regulatory approvals. Surrounded by established residential communities, top-rated schools and an affluent, family-oriented population, the location offers an attractive setting for dental and oral healthcare services. The clinic is equipped for a seamless transition, with flexibility to operate as a full-service dentistry or dental hygiene practice, subject to applicable licensing and approvals. X-ray equipment is excluded; however, the clinic has been retrofitted to accommodate potential installation. Excellent opportunity for dental professionals or investors seeking to establish or expand in a desirable Midtown Toronto market. BUYER/BUYER AGENT TO VERIFY ALL INFORMATION, EQUIPMENT, PERMITTED USES AND EXPANSION POTENTIAL INDEPENDENTLY. ALL PROPOSED ALTERATIONS AND ADDITIONAL OPERATORY INSTALLATIONS ARE SUBJECT TO APPLICABLE APPROVALS. (id:66811)

Financial sandbox

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Estimate
Purchase price$375K
Down payment30% · $113K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$26K

Annual cash flow

$6K

Cash-on-cash

4.98%

DSCR

1.27

Going-in cap

7.03%

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

46,113

Households

18,309

Median income

$90,000

Median age

44.6

Daytime population

68,538

5-yr growth

4.3%

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

Secure deal room

Confidential diligence documents for 201 - 2401 YONGE STREET, Toronto (Mount Pleasant 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.