Business For Sale · Retail

1/2 - 717 QUEEN STREET E, Toronto (South Riverdale)

1/2 - 717 QUEEN STREET E, Toronto (South Riverdale), ON M4M1H1

$69,999 total

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Asset Class

Retail

Size

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Building class

C

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

98%

About this property

**Can Be Converted to Own Brand**Indian Street Food Restaurant With An Excellent Commercial Kitchen For Sale In The Heart Of Leslieville On Queen Street East, Toronto. Located At The Busy Intersection Of Queen E And Broadview. Any Indian Chef's Dream Kitchen. It Offers Consistent Sales, Is Easy To Operate, And Is Ideal For Owner-Operators Looking For A Profitable And Reputable Business Opportunity. Surrounded By Fully Residential Developments, High Foot Traffic, Close To Schools, Highways, Offices, Banks, Major Big-Box Stores, And Much More. A Business With Tremendous Opportunity To Grow Even Further.*Unbeatable Location*Key Highlights: Prime Location: A Popular Spot For Indian Cuisine. Strong Financial Performance: Rent: Approx. $5650.45/ Month Including TMI Lease Term: Long Term Lease 2027 + 4 Years Full Training Will Be Provided To The New Buyer. Don't Miss This Opportunity! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$70K
Down payment30% · $21K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$323

Projected NOI

$4K

Annual cash flow

$188

Cash-on-cash

0.89%

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

78,878

Households

32,044

Median income

$101,000

Median age

32.4

Daytime population

122,351

5-yr growth

5.9%

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

Secure deal room

Confidential diligence documents for 1/2 - 717 QUEEN STREET E, Toronto (South Riverdale).

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.