Restaurant, Toronto, Canada

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Example of restaurant in Toronto

We brought up this listing to show you the typical market characteristics of restaurant in Toronto. Leave a request to get similar offers according to your requirements.

Restaurant, Toronto, Canada

3,900,000 $
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Total area: 270 m² Yield: 5.5%
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Features
  • Operating Incomе: 170,000 €
  • Land area: 390 m²
  • 1-floor building
  • 1 floor
  • Occupancy: 100%
  • Number of parking lots: 12
  • End of lease: 2028
  • Street retail

A building with commercial premises.

Description

There is a parking for 12 cars in the territory of the restaurant.

The building was recently renovated.

Financial performance

The cost of the property is $ 3,900,000.

Absolute annual income is $ 215,000.

The current yield of 5.5%. 

Tenants

The tenant is a restaurant chain with more than 2,600 locations in 30 countries.

The second tenant is a fast food restaurant.

In 2018, lease agreements were concluded for a period of 10 years.

Location and nearby objects

The property is located in a rapidly growing region with good transport links. There are public transport stops, metro station and motorway exit close to the building.

The distance to the city center is 11 km.

More properties

If this property wasn’t for you, take a look at other restaurants for sale in Canada.

You can see more restaurants for sale in Toronto elsewhere on our website.

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