Business For Sale · Specialty

159 RONCESVALLES AVENUE, Toronto (Roncesvalles)

159 RONCESVALLES AVENUE, Toronto (Roncesvalles), ON M6R2L3

$3.6M total

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Asset Class

Specialty

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

88%

About this property

CARE-FREE INVESTMENT - 159 RONCESVALLES AVENUE, TORONTO - LONG TERM LEASES W/ ESCALATIONS SEPARATE METERS FOR HYDRO - COMMERCIAL TENANT PAYS FOR WATER, BUILDING INSURANCE & WASTE MANAGEMENT - ONE LONG TERM SUCCESSFUL COMMERCIAL TENANT AND ONE RENOVATED RESIDENTIAL UNIT LOCATED IN THE CENTRE OF A GREAT SHOPPING CORRIDOR MAIN FLOOR HEALTH FOOD STORE, LEASED TO "EVERGREEN NATURAL FOODS" (50 YRS TO PRESENT), NET OPERATING INCOME - $146,400.00 / ANNUALLY - ADJACENT PROPERTY ALSO FOR SALE (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$3.65M
Down payment30% · $1.09M
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$17K

Projected NOI

$203K

Annual cash flow

$738

Cash-on-cash

0.07%

DSCR

1.00

Going-in cap

5.56%

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

55,255

Households

23,031

Median income

$123,500

Median age

36.8

Daytime population

74,816

5-yr growth

5.8%

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

Secure deal room

Confidential diligence documents for 159 RONCESVALLES AVENUE, Toronto (Roncesvalles).

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.