Business For Sale · Specialty

121 NIAGARA STREET, Toronto (Niagara)

121 NIAGARA STREET, Toronto (Niagara), ON M5V1C7

$1.4M total

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Asset Class

Specialty

Size

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Building class

C

Zoning

US — Urban Services

$ / SF

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Occupancy

95%

About this property

Prime King West income property with genuine long-term upside. Freehold 17.17 x 100 ft lot on a rear lane, tenanted month-to-month. Approximately 2,631sf with two kitchens, three renovated baths and a walk-out lower level. Detached two-car garage off the lane offers added income potential. Backs onto a large site with an active development application at 2 Tecumseth St. Steps to King West, Trinity Bellwoods, Stackt Market and Exhibition GO. Wonderful long term investment in one of Toronto's most vibrant and desired neighborhoods. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.45M
Down payment30% · $435K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$104K

Annual cash flow

$24K

Cash-on-cash

5.52%

DSCR

1.30

Going-in cap

7.20%

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

102,270

Households

43,143

Median income

$96,500

Median age

42.1

Daytime population

148,816

5-yr growth

2.5%

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

Secure deal room

Confidential diligence documents for 121 NIAGARA STREET, Toronto (Niagara).

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.