Business For Sale · Retail

1A - 222 THE ESPLANADE, Toronto (Waterfront Communities)

1A - 222 THE ESPLANADE, Toronto (Waterfront Communities), ON M5A4M8

$89,999 total

850 SF

Asset Class

Retail

Size

850 SF

Building class

A

Zoning

CB1 — Low Intensity Business

$ / SF

$106

Occupancy

83%

About this property

Profitable Convenience Store Located In Prime Downtown Toronto, Close To The Distillery District And St. Lawrence Market. High Foot Traffic From Nearby Residents, Parks, School, And Recreation Center. A New Condo Development Is Underway At The Intersection, Promising Increased Clientele. Diverse Revenue Streams Include OLG Lotto Sales, Cash And Bitcoin Atm, Saint Jimmy's Coffee, Ria Money Transfer, Eyeshot Media Advertisements, Tobacco Products, Amazon Parcel Pickup, PUDO Drop-Off, And More. Achieves Approximately $55,000 In Monthly Sales With Very Affordable Rent Of $4,060 Per Month Including TMI. The Business Is Scalable Through Extended Operating Hours And Expanding Product/Service Offerings. Low Operational Costs Contribute To High Profitability. Ideal Opportunity To Own A Thriving Business With No Franchise Fees. Inventory Costs Are Additional. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$90K
Down payment30% · $27K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$416

Projected NOI

$5K

Annual cash flow

$122

Cash-on-cash

0.45%

DSCR

1.02

Going-in cap

5.68%

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.

Rent roll (estimated)

TenantAreaExpiry
Aurora Legal LLP400 SF2032-02
Aurora Legal LLP400 SF2032-02
Aurora Legal LLP400 SF2032-02

Area demographics

Trade area within 3 miles of the property.

Population

112,270

Households

49,035

Median income

$102,000

Median age

32.5

Daytime population

137,208

5-yr growth

7.1%

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

Secure deal room

Confidential diligence documents for 1A - 222 THE ESPLANADE, Toronto (Waterfront Communities).

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.