For Sale · Office

301 - 412 BLOOR STREET W, Toronto (Annex)

301 - 412 BLOOR STREET W, Toronto (Annex), ON M5S1X5

Price on request

—

Asset Class

Office

Size

—

Building class

A

Zoning

CB2 — Central Business

$ / SF

—

Occupancy

93%

About this property

Rarely available approx. 600sf bright commercial studio in Toronto's vibrant Annex neighbourhood. South facing 3rd floor WALK-UP studio unit above an iconic bicycle shop. Just renovated - new HVAC, new entrance door, refinished hardwood floors & new paint. Shared 2 piece washroom and private kitchenette. Real brick walls, operable windows, skylights & authentic hardwood flooring. 24/7 access. Annex restaurants and convenient shopping at your door step, with less than 5 minutes' walk to Bathurst TTC Station & the new Mirvish Village. Well suited to small Yoga classes, personal training, photography, art / maker studios or any office use. Total cost including utilities and HST less than $3,000 per month. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$80K

Annual cash flow

$-3K

Cash-on-cash

-0.69%

DSCR

0.96

Going-in cap

5.34%

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

114,071

Households

45,200

Median income

$64,500

Median age

39.9

Daytime population

150,939

5-yr growth

2.1%

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

Secure deal room

Confidential diligence documents for 301 - 412 BLOOR STREET W, Toronto (Annex).

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.