For Lease · Industrial

106 - 501 ALLIANCE AVENUE, Toronto (Rockcliffe-Smythe)

106 - 501 ALLIANCE AVENUE, Toronto (Rockcliffe-Smythe), ON M6N2J1

$23 per sq ft / yr

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Asset Class

Industrial

Size

—

Building class

A

Zoning

IB — Industrial Business

$ / SF

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Occupancy

87%

Clear height

35 ft

Loading docks

5

About this property

Excellent opportunity at 501 Alliance Avenue! Functional and versatile interior flex-use unit featuring impressive high ceilings and an efficient open layout suitable for a variety of business operations. The space offers convenient access to multiple loading docks, providing excellent functionality for receiving, shipping, storage and day-to-day operations. Well suited for creative, studio, production, showroom, warehousing, light industrial, e-commerce, office or other flex users. Located within an established commercial/industrial building with convenient access to major Toronto transportation routes and surrounding employment areas. A practical, adaptable space for businesses seeking flexibility and loading capabilities. Asking rent is negotiable. Uses subject to zoning and landlord approval. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$23
Down payment30% · $7
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-5.86%

DSCR

0.68

Going-in cap

3.78%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

68,692

Households

23,818

Median income

$113,500

Median age

35.2

Daytime population

88,010

5-yr growth

1.8%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 106 - 501 ALLIANCE AVENUE, Toronto (Rockcliffe-Smythe).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.