(AT DAWES ROAD), TORONTO

Transcription

1 FOR SALE OR LEASE INVESTMENT PROPERTY 2777 DANFORTH AVE (AT DAWES ROAD), TORONTO Highly successful bar for over a decade - $1.5 million in alcohol sales/year - extra revenue from 6 residential apts and garage Please contact: CHRISTOPHER SEEPE Broker M: (416) O: (416) ext. 224 cseepe@thebehargroup.com SARI SAMARAH Sales Representative M: (416) O: (416) ext. 231 ssamarah@thebehargroup.com Size: Lot: 10,700 sq ft (estimate, to be confirmed) Building ground floor: 4,900 sq ft (estimate) Apartments (2nd floor): 4,500 sq ft (estimate) Detached garage: 1,210 sq ft (estimate) Parking spaces: 12 (parallel parked) Traffic count: 31,770 (2012) Corner building, currently vacant ground floor Superb Danforth Ave. exposure, on subway line Parking: 4 spaces, remove sep. garage for more Price: $2,790,000 Taxes: $29,000 (2012 estimate) Lease: $33.00/sq ft (triple net rent) Zoning: SC-5 (Special Commercial 5) Existing chattels and fixtures included The Behar Group Realty Inc., Brokerage 1170 Sheppard Avenue West, Unit 24, Toronto, Ontario M3K 2A3 / Tel: / Fax: / Website:

2 Aerial Map: Street View: Demographics Total Households 61,880 Total Population 152,777 Avg HH Income $77,642 3 km radius Detailed demographics available

3 Distance (in km) from the Subject Property to Other Retailers and Amenities Pubs Dentist Schools Shopping Grover Pub & Grub The 1.1 City Dental Center 0.1 William J Mccordic School 0.2 Danforth Lumber 0.1 Bartending School of Ontario 1.1 Doctor Amelia Yadao 0.2 Saint Nicholas Catholic School 0.2 Canadian Tire 0.1 Mullins Irish Pub 1.2 Main Square Dental Office 0.3 Shaaz Driving Academy 0.3 Danforth Main Pharmacy 0.3 The Feathers Pub 1.2 Mayers S Dr 0.3 Marca College of Hair & Esthetics 0.3 Main Drug Mart 0.3 Restaurants Dadelahi Dr Zaher 0.3 Adult Learning Centre 0.4 Peoples Drug Mart 0.4 New Karens Paradise Rest 0.0 Eglinton Square Po 0.5 Danforth LINC-TDSB 0.4 Zellers Pharmacy 0.4 Mika Japanese 0.0 Family Health Centre 0.6 Vince Parrell Dance Centre 0.4 Shoppers Drug Mart 0.5 Popeye's Chicken & Biscuits 0.0 C & B Dental Laboratories Inc 0.6 Secord Elementary School 0.5 Desh Pharmacy 0.5 Cool Runnings Restaurant 0.1 Tsang Teodoro Dr 0.7 Parks Guardian 0.5 Chickenlicious 0.1 L and L Denture Clinic 0.8 Coleman Park 0.2 Moores' Clothing for Men 0.5 Pizza Pizza 0.1 Rabinovich Jay Dr 0.9 Maryland Park 0.4 Tracy Hardware 0.5 Poonan Delite Indian Rest 0.2 Doctor East Toronto Athletic Field 0.4 Reitmans 0.6 Agni Hakka Chinese Rest 0.2 Dawes Family Practice 0.1 Stanley G. Grizzle Park 0.4 Main Medical Dispensary 0.6 Danforth Roti Shop 0.2 Tam T Dr 0.1 Books Groceries Duckworths Fish 0.2 City Dental Center 0.1 Dhaka Convenient Center 0.5 Bulk Food & Discount Store 0.2 Good Morning Toronto Rest. 0.2 Zalan Paul R Dr 0.3 Books Plus Ontario Inc 0.2 Su-Good Chinese Rest 0.2 Biagioni Edward Dr 0.4 Toronto Public Library 0.6 Shahjalal Grocery 0.2 St. Clair Ice Cream 0.3 Spring Elise Dr 0.4 TTI Systems 0.8 Pak Bazar 0.3 Coffee Shiffman Norman Dr 0.4 Entertainment Main Grocer 0.3 Baker's Dozen Donuts 0.0 Weatherhead M F Dr 0.5 Fox Theatre 2.0 Banglatown Supermarket 0.5 Tim Hortons 0.3 Crescent Town Health Centre 0.8 Danforth Bowl 2.2 Sarker Foods 0.5 Anondo Resturant 0.3 Victoria Health Centre 0.8 Beach Cinemas 2.8 Sobeys 0.6 Scrum Delicious 0.6 Hospitals Banking M&M Meat Shops 0.6 Delicious Delight Caribbean Cafe 0.6 Acupuncture Ontario 0.0 RBC 0.1 Metro (Metro) 0.7 The Gourmet Cup 0.7 Danforth And Pape Ultrasound 0.2 Scotiabank 0.3 Vincenzo Supermarket 0.7 Fitness Main Healthcare 0.4 CIBC 0.6 L B Supermarket 0.8 Balance Au Naturel 0.5 Danforth Main Street Clinic 0.5 TD Canada Trust 0.6 Loblaws 0.9 Premier Health Club 0.5 The Foot Guy 0.5 The Cash Store 0.6 Child Care DeSantos Martial Arts 0.5 Family Health Centre 0.6 Caisse Populaire Azilda 1.0 Circles In The Sun/Int'l Nannies 0.4 Physiomed 0.7 Infertility Network 0.8 Food Family Credit Union 1.4 Family Resource Connection 0.6 Crescent Town Club 0.8 North Shores Dental 1.2 National Bank 1.5 Crescent Town Day Care 0.8 The Trainer Guy 0.8 Toronto East General Hospital 2.3

4 Permitted Uses Disclaimer: The following is provided as general information only. The purchaser must not rely on this zoning and permitted uses information and the purchaser must do its own research and satisfy itself of permitted uses and zoning. In a CR zone, the following uses are permitted under the letter c : In a CR zone, the following uses are permitted under the letter r : Ambulance Depot Art Gallery Artist Studio Automated Banking Machine Community Centre Courts of Law Education Use Financial Institution Fire Hall Holistic Centre Library Medical Office Museum Office Park Passenger Terminal Performing Arts Studio Personal Service Shop Pet Services Police Station Post-Secondary School Production Studio Religious Education Use Retail Store Software Development and Processing Veterinary Hospital Dwelling Unit in a permitted building type Hospice Care Home Nursing Home Religious Residence Residential Care Home Respite Care Facility Retirement Home Student Residence (2) Nightclub Condition In a CR zone, a nightclub is a permitted use provided: the CR zone has a 'c' value of 4.0 or greater; the use is located on the ground floor only; the lot does not abut a lot in a Residential Zone or Residential Apartment Zone category; and only one nightclub is permitted per building. The Behar Group Realty Inc., Brokerage 1170 Sheppard Avenue West, Unit 24, Toronto, Ontario M3K 2A3 / Tel: / Fax: / Website:

5 Potential Net Operating Income (NOI) (according to Landlord) Disclaimer: The NOI projections and information provided below is a rough estimate as the landlord s general belief of the potential (not actual) net income of the property, and is intended solely for preliminary discussions. The purchaser must not rely on the seller s representation of net operating income presented here and the purchaser must do its own research, calculations and projections. Ground floor retail unit(s) currently vacant 2nd floor apartment units all currently tenanted Potential Net Operating Income (NOI) Retail rent: roughly $11,000/month = $132,000/year (assuming triple net rent) Apartment rent: roughly about $650 gross x 5 apts x 1 apt = $49,200, assume 35% operating costs = $32,000/year Current storage/garage = roughly $500/month = $6,000 TOTAL NOI = perhaps $170,000 (rough estimate) - Garage could be torn down for more parking or to extend building size All buildings could be torn down to create corner mainand-main, mixed use, 3-storey commercial, or possibly residential condominium, building (subject to zoning)

6 Survey The Behar Group Realty Inc., Brokerage 1170 Sheppard Avenue West, Unit 24, Toronto, Ontario M3K 2A3 / Tel: / Fax: / Website: