1/9B119 - 3272 MIDLAND AVENUE, Toronto (Milliken)
B119 - 3272 MIDLAND AVENUE, Toronto (Milliken), ON M1V0C7
$118,800 total
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Asset Class
Retail
Size
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Building class
B
Zoning
CNC — Neighbourhood Commercial
$ / SF
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Occupancy
98%
About this property
Prime Take-Out Restaurant Located In SkyCity Shopping Centre, At The High-Traffic Midland & Finch Intersection! Situated In A Desirable Spot Within The Plaza, With Ample Parking And Strong Surrounding Office And Residential Presence. Fully Equipped Commercial Kitchen Featuring A Long Commercial Exhaust Hood, Suitable For A Wide Variety Of Restaurant Concepts And Cuisines. Turn-Key Opportunity With Low Operating Costs And Exceptionally Low Rent, Ideal For A Full-Time Owner/Operator Looking To Start Or Expand Their Food Business. Excellent Potential To Grow And Make It Your Own! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$549
Projected NOI
$8K
Annual cash flow
$1K
Cash-on-cash
3.72%
DSCR
1.20
Going-in cap
6.66%
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
146,750
Households
50,999
Median income
$63,500
Median age
39.1
Daytime population
219,411
5-yr growth
5.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for B119 - 3272 MIDLAND AVENUE, 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.