• Office: 416-548-7854
  • Mobile: 1-866-382-2968
  • Fax: 416-981-7184
  • Toll Free: 1-866-382-2968

$65,000
Available - For Sale
Listing ID: E11885875
1027 Gerrard St East , Toronto, M4M 1Z6, Ontario


Great opportunity to run your own business in this popular commercial area with Low Rent and High Google Views! High volume of traffic location.Dine In or Take Out. Close to East China Town. Can be changed to other food service business.
Extras:   Current Monthly Rent $2550 . Lease Term Ends February 2028.
Price $65,000
Taxes: $1.00
Tax Type: T.M.I.
Occupancy by: Tenant
Address: 1027 Gerrard St East , Toronto, M4M 1Z6, Ontario
Postal Code: M4M 1Z6
Province/State: Ontario
Lot Size: 16.00 x 100.00 (Feet)
Directions/Cross Streets: Gerrard /Jones
Category: Without Property
Use: Restaurant
Building Percentage: N
Total Area: 650.00
Total Area Code:  Sq Ft
Retail Area: 450
Retail Area Code: Sq Ft
Financial Statement: N
Chattels: Y
Franchise: N
Hours Open: 10
Employees #: 3
Seats: 30
LLBO: N
Washrooms: 1
Heat Type: Elec Forced Air
Central Air Conditioning: Y
Water: Municipal
Schools

7 public & 8 Catholic schools serve this home. Of these, 10 have catchments. There are 2 private schools nearby.

Parks & Rec

2 playgrounds, 2 wading pools and 6 other facilities are within a 20 min walk of this home.

Transit

Street transit stop less than a 1 min walk away. Rail transit stop less than 2 km away.

$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $149,950 $299,900 $449,850 $599,800
First Mortgage $2,849,050 $2,699,100 $2,549,150 $2,399,200
CMHC/GE $113,962 $83,672.1 $71,376.2 $0
Total Financing $2,963,012 $2,782,772.1 $2,620,526.2 $2,399,200
Monthly P&I $14,621.93 $13,732.48 $12,931.82 $11,839.62
Expenses $0 $0 $0 $0
Total Payment $14,621.93 $13,732.48 $12,931.82 $11,839.62
Income Required $548,322.32 $514,967.89 $484,943.36 $443,985.68

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
$1,479.98
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
LANDING REALTY INC.
Personal Picture
Dir:
1-866-382-2968
Bus:
416-548-7854
Fax:
416-981-7184
 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto
Neighbourhood: Greenwood-Coxwell
Style:
Lot Size: 16.00 x 100.00(Feet)
Approximate Age:
Tax: $1
Maintenance Fee: $0
Beds:
Baths: 1
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
$
%
%
Years