Business For Sale · Retail

672 KINGSTON ROAD, Toronto (The Beaches)

672 KINGSTON ROAD, Toronto (The Beaches), ON M4E1R4

Price on request

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Asset Class

Retail

Size

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Building class

A

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

97%

About this property

This High Traffic Retail Unit Has Great visibility. Situated in A Bustling Neighbourhood Surrounded By Many Condominium And Apartment buildings, It's Ideal For Fast Food, Gym, Doctor's Or Lawyer's Offices, Labs, Physio & Chiropractic Office, Showroom, Spa, Yoga Studio. Located Near Many Shops, Amenities And A Short Walk To The Beach. . **EXTRAS** Main Floor Is 1018 Sq ft. Please Note, $2150 Is Estimated Monthly T.M.I. Sep. Metered Hydro & Gas. 3% Escalation Per Annum In Net Rent Over Term. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$85K

Annual cash flow

$2K

Cash-on-cash

0.46%

DSCR

1.02

Going-in cap

5.68%

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

122,944

Households

53,676

Median income

$86,000

Median age

44.2

Daytime population

114,766

5-yr growth

8.8%

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

Secure deal room

Confidential diligence documents for 672 KINGSTON ROAD, Toronto (The Beaches).

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.