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$299,000 total
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Asset Class
Specialty
Size
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Building class
B
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
91%
Rare opportunity to own an established fitness facility in a prime Scarborough location. Venice Fitness offers a spacious workout environment with an established presence in the community. Excellent opportunity for an owner-operator or fitness entrepreneur looking to take over an existing gym location and build on its potential. Conveniently located on Warden Avenue with excellent accessibilty and exposure. Don't miss this opportunity! (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$1K
Projected NOI
$20K
Annual cash flow
$3K
Cash-on-cash
3.74%
DSCR
1.20
Going-in cap
6.66%
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.
Trade area within 3 miles of the property.
Population
61,835
Households
23,604
Median income
$83,000
Median age
43.3
Daytime population
87,297
5-yr growth
7.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1 - 750 WARDEN AVENUE, Toronto (Clairlea-Birchmount).
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.