

1/333 - 275 DUNDAS STREET W, Toronto (Kensington-Chinatown), ON M5T3K1
$250,000 total
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Asset Class
Retail
Size
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Building class
B
Zoning
CSC — Shopping Centre
$ / SF
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Occupancy
91%
Excellent opportunity to own Pizza Olive in the heart of downtown Toronto! Recently recognized as one of the top 10 best pizza restaurants, Pizza Olive boasts over 400 glowing Google reviews and a loyal base of regular customers. Located in the Village by the Grange Food Court near Dundas & University, this 521 sq.ft. unit features a large hood and generous frontage. Across from OCAD University and the Art Gallery of Ontario, and steps from St. Patrick subway station, the location is well positioned to serve students, nearby condo residents, office workers and hospital staff. The mall is open from early morning until late at night (6:00 am - 10:30 p.m.) Ground-level access provides convenience for takeout and delivery. An appealing opportunity for an owner-operator or restaurateur looking to acquire an established business with a downtown presence. Sale of business only; real estate not included. (id:66811)
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Monthly debt service
$1K
Projected NOI
$14K
Annual cash flow
$-104
Cash-on-cash
-0.14%
DSCR
0.99
Going-in cap
5.50%
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
76,784
Households
26,616
Median income
$117,000
Median age
36.1
Daytime population
94,064
5-yr growth
7.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 33 - 275 DUNDAS STREET W, Toronto (Kensington-Chinatown).
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.