Business For Sale · Specialty

206 - 6365 YONGE STREET, Toronto (Newtonbrook East)

206 - 6365 YONGE STREET, Toronto (Newtonbrook East), ON M2M3X8

$125,000 total

—

Asset Class

Specialty

Size

—

Building class

A

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

93%

About this property

Turnkey Money Exchange Business - Appliances Included! Excellent opportunity to own an established money exchange business in a highly desirable location of North York, at Yonge & Steeles. Situated in a prime, high-traffic area with excellent visibility and a strong customer base. The business benefits from a large and loyal clientele, consistent customer traffic, and an excellent location with significant exposure. Ideal opportunity for investors or entrepreneurs looking to acquire an established business with existing monthly income and growth potential. $3,200 Monthly rent including TMI, and All utilities. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$125K
Down payment30% · $38K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$577

Projected NOI

$9K

Annual cash flow

$2K

Cash-on-cash

6.25%

DSCR

1.34

Going-in cap

7.42%

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

132,207

Households

62,873

Median income

$100,500

Median age

45.8

Daytime population

213,304

5-yr growth

0.6%

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

Secure deal room

Confidential diligence documents for 206 - 6365 YONGE STREET, Toronto (Newtonbrook East).

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.