Business For Sale · Office

203 - 1911 KENNEDY ROAD, Toronto (Dorset Park)

203 - 1911 KENNEDY ROAD, Toronto (Dorset Park), ON M1P2L9

Price on request

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Asset Class

Office

Size

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Building class

B

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

99%

About this property

Former Denturist Office but can accommodate SPECIALTY dental services (general dentistry not allowed). Ideal layout, inviting reception. Surrounding plaza tenants and uses are Fitness, Retail, Dental, Medical, Educational, and Community Centre! LED lights and Hardwood Floors throughout. Water and Drain available in multiple rooms. Please allow 24 Hours' Notice for Showings. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$88K

Annual cash flow

$5K

Cash-on-cash

1.03%

DSCR

1.06

Going-in cap

5.85%

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

80,179

Households

31,600

Median income

$69,500

Median age

36.5

Daytime population

115,676

5-yr growth

8.3%

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

Secure deal room

Confidential diligence documents for 203 - 1911 KENNEDY ROAD, Toronto (Dorset Park).

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.