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$39 per sq ft / yr
—
Asset Class
Industrial
Size
—
Building class
B
Zoning
IM — Medium Industrial
$ / SF
—
Occupancy
82%
Clear height
18 ft
Loading docks
12
Unique opportunity to sub-lease a character brick-and-beam building at 20 Wagstaff Drive in Leslieville, built in 1921. Located just north of Gerrard Street East with access from Greenwood Avenue, the space is steps from the Greenwood TTC Subway Station and part of a trendy commercial node alongside Left Field Brewery, Pilot Coffee Roasters, Quince Flowers and Soul Chocolates. This luxury industrial space features high ceilings, exposed brick and timber beams, new windows, and epoxy floors, creating a bright and stylish environment. Additional highlights include abundant on-site parking, interior truck level shipping and a dedicated outdoor sitting area. Ideal for creative offices, retail, showrooms, studios, or lifestyle businesses, this sub-lease is available until June 30, 2027, with the option for additional term. An additional 2,585 sq.ft. of adjacent space with new windows, epoxy flooring, and exposed beams is also available, offering flexibility for larger operations. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$1
Annual cash flow
$-1
Cash-on-cash
-6.21%
DSCR
0.66
Going-in cap
3.68%
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.
Trade area within 3 miles of the property.
Population
49,826
Households
18,201
Median income
$113,000
Median age
34.5
Daytime population
80,468
5-yr growth
2.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 20 WAGSTAFF DRIVE, Toronto (South Riverdale).
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.