Business For Sale · Retail

5 - 2354 MAJOR MACKENZIE DRIVE W, Vaughan (Maple)

5 - 2354 MAJOR MACKENZIE DRIVE W, Vaughan (Maple), ON L6A3Y7

$119,000 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

99%

About this property

Totally renovated and clean and Neat store. It is still big potential. Rent $5,600 includes TMI, water & HST. Leased till March 31, 2029 + 5 years option. 1,560 sq. ft. 4 security cameras & monitor included in price. Energy saving lights have been installed in the whole store to reduce hydro cost. Total reno cost is up to asking price. Ideal buyer may increase sales volume to make money than now. it is good chance to get spacious and clean business . (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$119K
Down payment30% · $36K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$550

Projected NOI

$7K

Annual cash flow

$289

Cash-on-cash

0.81%

DSCR

1.04

Going-in cap

5.78%

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

143,789

Households

55,556

Median income

$117,000

Median age

34.6

Daytime population

133,357

5-yr growth

2.8%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 5 - 2354 MAJOR MACKENZIE DRIVE W, Vaughan (Maple).

NDA required
  • 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.