Business For Sale · Retail

2ND FLOOR - 1118 YONGE STREET, Toronto (Annex)

2ND FLOOR - 1118 YONGE STREET, Toronto (Annex), ON M4W2L6

Price on request

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Asset Class

Retail

Size

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Building class

C

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

90%

About this property

Second floor live/workspace in chic Rosedale/Summerhill location. Separate street level entrance. Suitable for services, retail or office use and/or residential. Lots of street visibility and a busy walking traffic area. Built in Plantation shutters and French doors. Hardwood flooring, Lots of light and storage. Rent is all-inclusive save and except Hydro (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$76K

Annual cash flow

$-7K

Cash-on-cash

-1.54%

DSCR

0.92

Going-in cap

5.08%

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

145,883

Households

55,353

Median income

$94,000

Median age

31.7

Daytime population

157,497

5-yr growth

6.4%

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

Secure deal room

Confidential diligence documents for 2ND FLOOR - 1118 YONGE STREET, Toronto (Annex).

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.