1/6B1 - 3101 KENNEDY ROAD, Toronto (Milliken)
B1 - 3101 KENNEDY ROAD, Toronto (Milliken), ON M1V3S8
$740,000 total
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Asset Class
Retail
Size
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Building class
C
Zoning
CNC — Neighbourhood Commercial
$ / SF
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Occupancy
86%
About this property
Welcome to Commercial Retail Plaza Gourmet City, is situated in Scarborough, at a strategic and convenient location at the SE quadrant of Kennedy Rd and McNicoll Ave, offering great exposure on Kennedy Rd, with direct access from Kennedy Rd and Milliken Blvd. This unit can for restaurant use. The development by H & H Group features a modern design with high quality finishes. ***Tax not yet assessed*** Restaurant use***This unit is already closed. Leased. Must assume the current lease (until June 30, 2028) (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$34K
Annual cash flow
$-7K
Cash-on-cash
-2.94%
DSCR
0.84
Going-in cap
4.66%
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.
Area demographics
Trade area within 3 miles of the property.
Population
45,147
Households
19,355
Median income
$115,500
Median age
35.1
Daytime population
61,852
5-yr growth
7.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for B1 - 3101 KENNEDY ROAD, Toronto (Milliken).
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.