Business For Sale · Specialty

1180 ST. CLAIR AVENUE W, Toronto (Corso Italia-Davenport)

1180 ST. CLAIR AVENUE W, Toronto (Corso Italia-Davenport), ON M6E1B4

$60,000 total

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Asset Class

Specialty

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

89%

About this property

Great opportunity for an Entrepreneur to run their own Business In a Great Midtown Location. Turnkey, Profitable & Established Business owned by same Owner for 30 years who is looking to retire after a very successful career. This General Home Merchandise (Including Lotto Tickets) Store has everything setup with 1 Washroom & additional Storage in the Basement. Excellent location with Great Anchor Businesses including Tim Horton's, McDonald's, BMO, Medical Buildings & other established Businesses in the surrounding area. Onboarding to be provided by current Owner. Easy Access By TTC and Public Parking- Green Parking Just In Rear of Building. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$60K
Down payment30% · $18K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$277

Projected NOI

$4K

Annual cash flow

$725

Cash-on-cash

4.03%

DSCR

1.22

Going-in cap

6.75%

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

142,334

Households

52,841

Median income

$65,000

Median age

40.5

Daytime population

164,844

5-yr growth

9.1%

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

Secure deal room

Confidential diligence documents for 1180 ST. CLAIR AVENUE W, Toronto (Corso Italia-Davenport).

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.