Business For Sale · Specialty

157 RONCESVALLES AVENUE, Toronto (Roncesvalles)

157 RONCESVALLES AVENUE, Toronto (Roncesvalles), ON M6R2L3

$3.6M total

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Asset Class

Specialty

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

90%

About this property

CAREFREE FULLY LEASED INVESTMENT OPPORTUNITY - 2,300 SQ. FT. ESTABLISHED RESTAURANT ON THE MAIN FLOOR PLUS FULL - PLUS A FULLY RENOVATED APARTMENT w/ 260 SQ. FT. REAR DECK. 19.5 FT. FRONTAGE ON RONCESVALLES AVENUE WITH 115 FT. DEPTH. NET OPERATING INCOME OF $147,000.00 PER ANNUM. STABLE INCOME * WELL MAINTAINED PROPERTY. * ADJACENT PROPERTY ALSO FOR SALE (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$3.65M
Down payment30% · $1.09M
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$17K

Projected NOI

$212K

Annual cash flow

$10K

Cash-on-cash

0.91%

DSCR

1.05

Going-in cap

5.81%

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

142,899

Households

50,485

Median income

$136,000

Median age

36.7

Daytime population

171,764

5-yr growth

7.7%

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

Secure deal room

Confidential diligence documents for 157 RONCESVALLES AVENUE, Toronto (Roncesvalles).

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.