ID# 7968 176 Royal York Rd Toronto ON, for sale $795,000 - For Sale
Sale/Lease For Sale
Type Retail Space
Size 6,000.0 Sq. Ft.
Address 176 Royal York Rd , Etobicoke
Sale Price $795,000
176 Royal York Rd List: $795,000 For Sale
M8V2V6 Dist: W06 Map: 119-9-U Sale
Dir/Cross St: Royal York & Evans DOM: 38 Last Status: Sc
Investment Lease Term:
Apartment Freestanding: Y Holdover: 180
Apts-2 To 5 Units Occup: Tenant SPIS: N
Possession: Immediate Franchise:
Commercial Condo Fees:
MLS#: W1588709 Seller: 1631591 Ontario Inc. Contact After Exp: N
Total Area: 6,000 Sq Ft
Ofc/Apt Area: 0 Sq Ft
Indust Area: 0 Sq Ft
Retail Area: 1,400 Sq Ft
Heat: Gas Hot Water
50X120 Feet Lot
Garage Type: Outside/Surface
Park Spaces: #Trl Spc:
Bus/Bldg Name: For Year: Financial Statement:
Taxes: Heat: Gross Inc/Sales: Est Value Inv At Cost:
Insur: Hydro: - Vacancy Allow: Com Area Upcharge:
Mgmt: Water: - Operating Exp: Percentage Rent:
Maint: Other: = Net Income B4 Debt:
Remarks For Clients: Exceptional Investment Corner Available 20 Ft Wide Adjacent building Lot For Future Development. Very
Well Located Income Property. Easy Access To Gardner Expressway, Lake Shore West And Mimeco Go Station. Close To Schools,
Park And Lake Ontario. Access To Property From Royal York And Macdonald.
Remarks for Brokerages: Please Do Not Disturb Tenants. Apartments Will Be Shown After Accepted Offer. All Appointments
Throught Listing Agent.
Description Monthly Year
Retail Store $2,200 $26,400 Hasty Market
Apartment 4 $800 $9,600 1 Bed Room & Living Rm
Apartment 3 $900 $10,800 1 Bed Room & Living Rm
Apartment 2 $800 $9,600 1 Bed Room & L. R. & Balc.
Apartment 1 $1,000 $12,000 3 Bed Room & Living Rm
Unit B1 $900 $10,800 Hasty Market
Unit B2 * $900 $10,800 Commercial
Laundromat Income $175 $2,100
Total Gross Income $7,675 $92,100
Hydro, Gas, Water, $1,859 $22,306
Insurance & Tax
STABILIZED NET INCOME $69,794
* Under renovation, to be leased
Hasty Market pays for utilities & maintenance rent.
Hasty Market rent includes: Property Tax, Premises Insurance & Water
Lease ends 30 September 2010. Tenant has an option to renew lease for 2 x 5 year terms
Apartment rent includes Property Tax.
2008 Property Tax = $9,212.95
The Property was renovated in 2005 and
updated to meet the requirements of the Toronto Fire Code.
The Property has additional vacant land with dimensions of: 20 ft. x 125 ft
on the north side of the building. Subject to zoning requirements,
this can be used for additions to the existing Commercial and Residential uses.
Tell them you saw it at For Sale For Lease
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