





1/7219 QUEENS AVENUE, London East (East G), ON N6A1J8
$199,900 total
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Asset Class
Retail
Size
—
Building class
B
Zoning
CSC — Shopping Centre
$ / SF
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Occupancy
93%
An exceptional opportunity to acquire a well-positioned restaurant in the heart of the city, offered at an asking price below replacement value. Strategically located in the downtown core and surrounded by numerous office buildings, the property benefits from excellent exposure and access to a strong daytime customer base. The operation features a fully established restaurant complemented by a separate dining hall, offering added flexibility for private functions, corporate events, banquets, and group dining. This dual-space layout creates multiple revenue opportunities and provides the potential to accommodate a diverse range of customers and dining experiences. Offered at a price below replacement cost, this is an attractive opportunity for restaurateurs, hospitality operators, or investors looking to capitalize on an established location without the expense and challenges of building from the ground up. (id:66811)
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Monthly debt service
$923
Projected NOI
$13K
Annual cash flow
$2K
Cash-on-cash
2.77%
DSCR
1.15
Going-in cap
6.37%
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
80,877
Households
32,584
Median income
$76,500
Median age
43
Daytime population
109,145
5-yr growth
0.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 219 QUEENS AVENUE, London East (East G).
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.