





1/721 REXDALE BOULEVARD, Toronto (Rexdale-Kipling), ON M9W0G5
$165,000 total
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Asset Class
Retail
Size
—
Building class
C
Zoning
CB1 — Low Intensity Business
$ / SF
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Occupancy
98%
Excellent Opportunity To Acquire A Fully Equipped Restaurant In A Prime Etobicoke Location! Currently Operating As A South Indian Restaurant, This 1,632 Sq. Ft. Space Is Easily Rebrandable And Ideal For Various Concepts Including Indian Restaurant, Café, QSR, Dessert Shop Or Dine-In Restaurant. Located in a Busy Commercial Location With Costco Nearby. Monthly Rent Approximately $7,557.52 Including TMI ($8,540 Including HST). Great Opportunity For Owner-Operators Or Experienced Restaurateurs Looking To Establish Or Expand Their Business. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$762
Projected NOI
$11K
Annual cash flow
$2K
Cash-on-cash
3.62%
DSCR
1.20
Going-in cap
6.63%
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
113,551
Households
53,570
Median income
$133,000
Median age
40.8
Daytime population
173,649
5-yr growth
3.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 21 REXDALE BOULEVARD, Toronto (Rexdale-Kipling).
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.