





1/73 - 228 QUEENS QUAY W, Toronto (Waterfront Communities), ON M5J2X1
$259,000 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
86%
LOCATION! LOCATION! LOCATION! Excellent opportunity to acquire KOKO Vision, an established and turnkey optical business at 228 Queens Quay W, in Toronto's highly desirable waterfront community. Prime downtown location surrounded by high-rise condos, offices, hotels, restaurants and major waterfront attractions, offering excellent visibility and exposure to residents, professionals and visitors. Professionally designed retail space with an attractive showroom and functional layout. Offering prescription eyewear, designer frames, sunglasses, lenses and related optical products and services. Ideal for an optician, owner-operator, entrepreneur or existing optical business looking to expand into a premium Toronto location. Established operation with excellent potential for continued growth. Prime Waterfront Location Turnkey Business Established Operation Excellent Exposure Professional Retail Setup Growth Potential Please do not approach employees. All inquiries and showings through the Listing Representative. Additional business and financial information available to qualified buyers, subject to confidentiality requirements. (id:66811)
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Monthly debt service
$1K
Projected NOI
$15K
Annual cash flow
$285
Cash-on-cash
0.37%
DSCR
1.02
Going-in cap
5.65%
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.
Trade area within 3 miles of the property.
Population
55,680
Households
23,285
Median income
$138,000
Median age
39
Daytime population
64,905
5-yr growth
8.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 3 - 228 QUEENS QUAY W, Toronto (Waterfront Communities).
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.