650 The Queensway 4,000 SF 100% Leased Retail Building Toronto, ON M8Y 1K7 $1,460,844 USD ($365.21 USD/SF) 5% Cap Rate
INVESTMENT HIGHLIGHTS
- Heavy daytime traffic
- Close proximity to Gardiner expressway
- Separate entrances
- Lots of Natural light
- High population density
- Near public transport
EXECUTIVE SUMMARY
Building for sale, including main floor restaurant and business equipment plus 2 bedrooms upstairs with separated entrance. Surrounded with retails, apartments and residential building - high population density.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,000 SF
Building Class
C
Year Built
1964
Price
$1,460,844 USD
Price Per SF
$365.21 USD
Cap Rate
5%
NOI
$73,042 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.53
Lot Size
0.06 AC
Zoning
C - Commercial
Frontage
64’ on The Queensway Way
Walk Score®
Walker's Paradise (90)
Bike Score®
Very Bikeable (70)
NEARBY MAJOR RETAILERS
