Business For Sale · Retail

2 - 205 COLLEGE STREET, Toronto (Kensington-Chinatown)

2 - 205 COLLEGE STREET, Toronto (Kensington-Chinatown), ON M5T1P9

$119,000 total

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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

87%

About this property

NS Market Franchise Business for Sale - Prime High-Traffic Location Prime location at College St & Beverley St, directly across from the University of Toronto Over 60,000 students nearby, next to Braemar College and Dalla Lana School, Only 400 metres from Queen's Park Subway Station Weekly sales: approx.$12,000 (as per seller) Only 25% cigarette sales;75% from high-margin products such as beverages and snacks 65%+ margin on high-profit products(as per seller) Lotto commission: approx. $600/month Rent & TMI: $5,318/monthLease until November 2031 + 5 options Hours: Mon-Fri 7 AM-10 PM; Sat-Sun 11 AM-7 PM One-person operation No direct competitor nearby Low flat franchise royalty and advertising fees Very strong location with high traffic and a high-margin product mix. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$119K
Down payment30% · $36K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$550

Projected NOI

$6K

Annual cash flow

$-1K

Cash-on-cash

-2.89%

DSCR

0.84

Going-in cap

4.67%

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

141,978

Households

63,730

Median income

$121,500

Median age

33.9

Daytime population

162,555

5-yr growth

4.4%

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

Secure deal room

Confidential diligence documents for 2 - 205 COLLEGE STREET, Toronto (Kensington-Chinatown).

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.