1/4185 THE WEST MALL AVENUE, Toronto (Islington-City Centre West)
185 THE WEST MALL AVENUE, Toronto (Islington-City Centre West), ON M9C5L5
$195,000 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
97%
About this property
EXCITING OPPORTUNITY * PROFITABLE * EASY TO OPERATE * LOCATED BESIDE GOOD LIFE FITNESS AT THE BASE OF AN 18 STOREY OFFICE BUILDING * 2,300 SQ. FT. FULLY FIXTURED CAFE * ONLY A 5 DAY / WEEK OPERATION * TOTAL RENT - INCLUSIVE OF TMI & UTILITIES ONLY $1,230.00 / MONTH * STRONG SALES * PROFITABLE * PERFECT FOR A HANDS-ON OPERATOR * 4 YEAR LEASE w/ OPTIONS TO RENEW * ROYALTIES OF 6% + 1% (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$900
Projected NOI
$14K
Annual cash flow
$3K
Cash-on-cash
4.94%
DSCR
1.27
Going-in cap
7.02%
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
111,404
Households
44,208
Median income
$134,500
Median age
36.7
Daytime population
134,053
5-yr growth
3.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 185 THE WEST MALL AVENUE, Toronto (Islington-City Centre West).
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.