For Sale · Retail

UNIT B - 2ND FLOOR - 26 ALEXANDER STREET, Toronto (Church-Yonge Corridor)

UNIT B - 2ND FLOOR - 26 ALEXANDER STREET, Toronto (Church-Yonge Corridor), ON M4Y1B4

Price on request

910 SF

Asset Class

Retail

Size

910 SF

Building class

B

Zoning

CSC — Shopping Centre

$ / SF

—

Occupancy

87%

About this property

A Distinctive Second-Floor Space for Café, Dessert, or Event Concepts. Minimal Setup required. An established Turkish/Mediterranean restaurant in downtown Toronto is seeking a complementary business to occupy its second-floor space, offering an exciting opportunity for an independent operator to establish a presence in a unique setting. Set within a remarkable 19th-century building, the space offers a special blend of character and charm, with a touch of old-world elegance that gives it an atmosphere of its own. This inviting second-floor space presents a rare opportunity to create something distinctive alongside an established restaurant. The Opportunity: A separate upstairs space for independent operation, with shared washroom facilities and potential for collaborative marketing. Flexible lease, revenue-sharing, or partnership arrangements are open for discussion. Café, Dessert, or Specialty Beverage Concept: Ideal for a specialty coffee shop, bakery, dessert boutique, or bubble tea brand looking to establish a downtown presence. Create the perfect pairing with an established Turkish/Mediterranean restaurant downstairs, with opportunities for shared clientele, cross promotion and mutual growth. Events & Entertainment Concept: Perfect for comedy nights, cultural events, private gatherings, workshops, art shows and pop ups. Bring your audience and ideas, while the restaurant can support your events with food and catering. Seeking an established brand or creative entrepreneur with their own clientele and a concept that complements the restaurant. An opportunity to create something special in a distinctive downtown setting. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$72K

Annual cash flow

$-11K

Cash-on-cash

-2.40%

DSCR

0.87

Going-in cap

4.82%

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
Lakeview Physiotherapy400 SF2029-12
Lakeview Physiotherapy400 SF2029-12
Lakeview Physiotherapy400 SF2029-12
Lakeview Physiotherapy400 SF2029-12

Area demographics

Trade area within 3 miles of the property.

Population

100,616

Households

37,944

Median income

$121,500

Median age

36.2

Daytime population

133,963

5-yr growth

0.7%

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

Secure deal room

Confidential diligence documents for UNIT B - 2ND FLOOR - 26 ALEXANDER STREET, Toronto (Church-Yonge Corridor).

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.