Business For Sale · Specialty

2377 QUEEN STREET E, Toronto (The Beaches)

2377 QUEEN STREET E, Toronto (The Beaches), ON M4E1H2

$189,000 total

1,372 SF

Asset Class

Specialty

Size

1,372 SF

Building class

A

Zoning

US — Urban Services

$ / SF

$138

Occupancy

87%

About this property

Turn key business opportunity in a prime Queen Street corner location. High-end renovations, premium equipment, indoor seating, and a 20-seat patio. Steps to Woodbine Beach, surrounded by thriving businesses, with strong foot traffic and excellent exposure. Ideal for various hospitality concepts. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$189K
Down payment30% · $57K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$873

Projected NOI

$12K

Annual cash flow

$1K

Cash-on-cash

2.42%

DSCR

1.13

Going-in cap

6.27%

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.

Rent roll (estimated)

TenantAreaExpiry
Prairie Coffee Roasters1,191 SF2032-11

Area demographics

Trade area within 3 miles of the property.

Population

121,910

Households

57,138

Median income

$85,000

Median age

43.2

Daytime population

159,980

5-yr growth

3.7%

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

Secure deal room

Confidential diligence documents for 2377 QUEEN STREET E, 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.