1/7245 AUGUSTA AVENUE, Toronto (Kensington-Chinatown)
245 AUGUSTA AVENUE, Toronto (Kensington-Chinatown), ON M5T2L8
Price on request
—
Asset Class
Retail
Size
—
Building class
C
Zoning
CSC — Shopping Centre
$ / SF
—
Occupancy
89%
About this property
Prime commercial restaurant space available for lease in the heart of Kensington Market. Steps to the high-traffic intersection of Spadina Ave & College St with excellent pedestrian and vehicular exposure. Desirable location within walking distance to U of T St. George Campus, Queen's Park, AGO and OCAD University. Convenient access to TTC streetcar routes. Net rent $3,950/month + $1,500 TMI + utilities. Restaurant leasehold improvements to be purchased for $35,000. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$75K
Annual cash flow
$-8K
Cash-on-cash
-1.83%
DSCR
0.90
Going-in cap
4.99%
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
62,042
Households
21,806
Median income
$127,500
Median age
37.6
Daytime population
87,365
5-yr growth
8.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 245 AUGUSTA AVENUE, 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.