Business For Sale · Retail

813 YONGE STREET, Toronto (Rosedale-Moore Park)

813 YONGE STREET, Toronto (Rosedale-Moore Park), ON M4W2G9

$149,000 total

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Asset Class

Retail

Size

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Building class

C

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

99%

About this property

Excellent Location! Prime high-exposure location at the intersection of Yorkville Avenue and Yonge Street. This restaurant offers 1,288 sq. ft. in main floor plus additional 1000 sq ft basement space, with approximately 50 seats and an existing Liquor Sales Licence. Fully equipped, including a walk-in cooler, and ready for immediate operation. Ideal for fine dining or a variety of quick-service restaurant. Located in the heart of Yorkville, surrounded by luxury condominiums, upscale retail, the Library, and Bloor- Yonge subway station. A rare opportunity to establish your restaurant business in one of Toronto's most prestigious and vibrant neighbourhoods. (id:66811)

Financial sandbox

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Estimate
Purchase price$149K
Down payment30% · $45K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$688

Projected NOI

$10K

Annual cash flow

$2K

Cash-on-cash

4.20%

DSCR

1.23

Going-in cap

6.80%

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

55,769

Households

19,470

Median income

$86,000

Median age

44.9

Daytime population

48,499

5-yr growth

4.6%

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

Secure deal room

Confidential diligence documents for 813 YONGE STREET, Toronto (Rosedale-Moore Park).

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.