Business For Sale · Specialty

885 DUNDAS STREET W, Toronto (Trinity-Bellwoods)

885 DUNDAS STREET W, Toronto (Trinity-Bellwoods), ON M6J1B9

$2.8M 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

86%

About this property

**ATTENTION INVESTORS & ENTREPRENEURS!** A standout opportunity in the heart of vibrant Trinity-Bellwoods! This impressive three-storey mixed-use corner property delivers exceptional character, style and versatility in one of Toronto's most sought-after neighbourhoods. Completely transformed and renovated back to the studs, the property features a striking main-floor restaurant space, complemented by a spectacular two-storey residential suite above, offering sweeping views of the downtown Toronto skyline. With outstanding street presence, extensive renovations and a highly desirable location surrounded by some of the city's best restaurants, cafés and boutiques, this is an incredible opportunity for investors, owner-operators or those looking to secure a distinctive income-generating asset with tremendous upside and future potential. (id:66811)

Financial sandbox

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Estimate
Purchase price$2.79M
Down payment30% · $839K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$13K

Projected NOI

$186K

Annual cash flow

$31K

Cash-on-cash

3.66%

DSCR

1.20

Going-in cap

6.64%

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

73,418

Households

26,077

Median income

$118,000

Median age

33.1

Daytime population

73,499

5-yr growth

9%

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

Secure deal room

Confidential diligence documents for 885 DUNDAS STREET W, Toronto (Trinity-Bellwoods).

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.