Business For Sale · Retail

29 - 90 EASTERN AVENUE, Brampton (Queen Street Corridor)

29 - 90 EASTERN AVENUE, Brampton (Queen Street Corridor), ON L6W0B6

$439,000 total

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Asset Class

Retail

Size

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Building class

C

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

85%

About this property

Great Opportunity!! Authentic Indian Gujrati cuisine Restaurant (Govardhan Thal) In Brampton. Heavy Walk Ins All Day Long. Lot Of Take Out And Catering Business From Nearby Offices. Reasonable Rent And Overall A Great Opportunity, this turnkey opportunity delivers both location and potential for long-term success. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$439K
Down payment30% · $132K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$23K

Annual cash flow

$-2K

Cash-on-cash

-1.35%

DSCR

0.93

Going-in cap

5.14%

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

139,558

Households

54,602

Median income

$125,500

Median age

36.8

Daytime population

146,804

5-yr growth

1%

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

Secure deal room

Confidential diligence documents for 29 - 90 EASTERN AVENUE, Brampton (Queen Street Corridor).

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.