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2181, 2183 and 2187 Weston Road
An investment opportunity is presented below located in a prime land, south of Highway 401 and Weston Road Toronto, Ontario Canada. An opportunity to develop the property that is currently only one story; currently occupied by only 4 commercial stores to an 8-story building, mixed-use property or a hotel as permitted by the City of Toronto. It can be developed to 4 stores on the main floor and 28 apartment units. There is an opportunity to earn an income of $68,000 monthly or $816,000 annually. (At a conservative rental monthly rental price of $2,000 for 28 apartment units and $3,000 monthly rental of 4 commercial units. Anticipated expenses are the annual taxes of $20,000 and estimated annual maintenance fee of $30,000). The taxes, maintenance and insurance (TMI) can be charged to tenants. Development loan can be obtained to develop the property fully. It will leave a seizable profit.
The second allowable option by the city of Toronto permit department is a hotel. The visson is negotiable and to have 4 stores on the main floor and 60 self contained hotel rooms at a conservative 70% occupancy rate, the charge at $100 / per night shall make $1,512,000 annually and maintenance of cost of $250,000 shall leave a profit of $1,262,000.
4330 Brandon Gate Drive Mississauga Ontario
Property located near Pearson International airport.
We are always on the lookout for properties that work.
262 Parliament Street, Toronto, Ontario
PCBSI Established an African Mall in 262 Parliament Street, Toronto, Ontario, owned and operated from 2007-2014 (16 units on the main floor and one vendor on the 2nd floor. The 16 vendors included boutiques, African clothing stores, a computer and IT support company, a bookkeeping company, 4 money transfer companies (Qaren Money Transfer, Tawakkul Money Transfer, Amel Money Transfer and RIO), a cafe, a unique items gift store and a money exchange center). Parliament shopping center was a place for startup and development businesses to establish themselves in the Downtown Toronto Market. This shopping center was a community meeting place. It was a place to get authentic African food, clothing, accessories and various other services.
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2645 Ave # 1811, Etobicoke, Ontario
Renovated and sold for profit in under one year period.