

1/31 - 115 RICHMOND STREET E, Toronto (Church-Yonge Corridor), ON M5C3H6
$29,000 total
587 SF
Asset Class
Retail
Size
587 SF
Building class
C
Zoning
CB1 — Low Intensity Business
$ / SF
$49
Occupancy
90%
Prime Downtown Sushi takeout Business In Heart of Lively street. Old Town Toronto! This High-Traffic 587 sq Ft Retail Space Boasts Unbeatable foot traffic. Located Steps from The financial District. Incredible Student & Tourist Density: 5 Min walk to George Brown College(Adelaide), 1 Min walk to CMU College of Make up Art, And 2 Min walk to Holiday Inn Express, countless residencial & commercial building around the area. Turnkey Set-Up with limitless growth potential. Perfect for Sushi with existing facility. Ideal for Sushi Shop, Express Sushi Shop, Sushi Factory, Sushi Company Branch, Fish Market, Poke Shop branch, Korean Kimbob, Sandwich, Bubble tea, Tea Shop, Fruit Juice, Dessert shop branch, Ice Cream and many more !! Low Overhead, High-Exposure, Don't miss this vibrant Commercial opportunity! Super low rent of only $2376.86(including HST & TMI). Utility (Hydro+Water) Current usage only $100~$150 per month. Basic Maintenance (Hot Water, Heat, HVAC) is managed by building therefore you just concentrate on your business. Available Lease Take Over or 3+3 New Lease! Free Internet available from building (renew required every 4 hours, Can use with your hotspot data together). Lots of free parking 8 min away by bicycle. Free 20 minute delivery zone back street. Free short time loading zone in the building. No monthly fee credit card machine available if needed. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$134
Projected NOI
$2K
Annual cash flow
$-3
Cash-on-cash
-0.03%
DSCR
1.00
Going-in cap
5.53%
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.
| Tenant | Area | Expiry |
|---|---|---|
| Vector Robotics | 400 SF | 2031-03 |
| Vector Robotics | 400 SF | 2031-03 |
| Vector Robotics | 400 SF | 2031-03 |
| Vector Robotics | 400 SF | 2031-03 |
Trade area within 3 miles of the property.
Population
118,202
Households
43,202
Median income
$132,500
Median age
36
Daytime population
199,663
5-yr growth
9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1 - 115 RICHMOND STREET E, Toronto (Church-Yonge Corridor).
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.