Homula Realty Brokerage
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30 St Partick Street, Toronto, ON M5T 3A3

Sale Of Business
$449,000

A beautifully renovated high-end Japanese restaurant in one of Torontos most desirable food districts. With a spacious interior, full basement, and top-tier kitchen infrastructure, this space is designed for success ready to adapt to any concept. 2800 sqft on main floor and 1700 sq ft basement. Transferable LLBO for 149 interior and 36 patio. Two Kitchen Exhaust hood 16ft and 5ft plus walkin cooler in the basement.

MLS number
C12942886
Type
Sale Of Business
Status
Active
Bedrooms
—
Bathrooms
—
Postal code
M5T 3A3
Photos
20
165days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

This address could not be placed on the mapHomula matches addresses against open government address data, and this one found no match — so the map, the nearby schools and the school boundaries are all unavailable for this listing. It is a gap in our data, not a property without schools nearby.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$89,800 · minimum here is $22,450
$1,988.07per month
Borrowed before insurance$359,200
Total borrowed$359,200
Interest over 25 years at 4.5%$237,222

If you rented it out

-$1,988.07per month out of pocket
Rent$0.00
Everything it costs to hold$1,988.07
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX EXCEL REALTY LTD.. Listing data provided by the Toronto Regional Real Estate Board.