Business For Sale · Specialty

1374 QUEEN STREET E, Toronto (Greenwood-Coxwell)

1374 QUEEN STREET E, Toronto (Greenwood-Coxwell), ON M4L1C9

$145,000 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

99%

About this property

THIS IS IT! APPROXIMATELY 1,000 SQUARE FEET OF OPEN-CONCEPT SPACE WITH A FUNCTIONAL LAYOUT AND TASTEFUL DESIGN. TURN-KEY AS IS, THIS SPACE CURRENTLY OPERATES AS A BELOVED NEIGHBOURHOOD CAFE & BAR BUT IS IDEAL FOR ANY STYLE OF OPERATION. STEADY CLIENTELE AND LOYAL CUSTOMER BASE. GREAT NATURAL LIGHT, HIGH CEILINGS, EXPOSED BRICK, AND A WARM, INVITING FEEL. A TRUE GEM. SOLID SOUND SYSTEM, PROJECTOR, AND EXCELLENT SIGHTLINES FOR GATHERINGS, EVENTS, AND PRIVATE PARTIES. (id:66811)

Financial sandbox

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Estimate
Purchase price$145K
Down payment30% · $44K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$670

Projected NOI

$10K

Annual cash flow

$2K

Cash-on-cash

4.21%

DSCR

1.23

Going-in cap

6.81%

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

128,505

Households

56,670

Median income

$108,000

Median age

33.9

Daytime population

196,173

5-yr growth

7.5%

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

Secure deal room

Confidential diligence documents for 1374 QUEEN STREET E, Toronto (Greenwood-Coxwell).

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.