For Sale · Retail

1436 QUEEN STREET W, Toronto (Roncesvalles)

1436 QUEEN STREET W, Toronto (Roncesvalles), ON M6K1M2

$1.7M total

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Asset Class

Retail

Size

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Building class

B

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

92%

About this property

Fully Leased Mixed-Use Investment Opportunity on Queen Street West, just east of Lansdowne Avenue. Main floor retail space occupied by a commercial tenant, plus residential apartments on the upper level. Approximately 3,498 sq ft in total on a 19.75 x 120 ft lot, with a basement, a detached garage, and 3 parking spaces. Situated along the vibrant Parkdale stretch of Queen West, surrounded by restaurants, cafés, galleries, retail shops, and neighbourhood amenities, with TTC streetcar access at the door. Excellent opportunity to acquire a fully tenanted mixed-use property with commercial and residential income in one of Toronto's most dynamic west-end neighbourhoods. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.70M
Down payment30% · $510K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$8K

Projected NOI

$111K

Annual cash flow

$16K

Cash-on-cash

3.21%

DSCR

1.17

Going-in cap

6.50%

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

52,987

Households

20,129

Median income

$106,500

Median age

32.5

Daytime population

82,432

5-yr growth

5.9%

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

Secure deal room

Confidential diligence documents for 1436 QUEEN STREET W, Toronto (Roncesvalles).

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.