Business For Sale · Office

410 - 1275 FINCH AVENUE W, Toronto (York University Heights)

410 - 1275 FINCH AVENUE W, Toronto (York University Heights), ON M3J0L5

$322,026 total

1,030 SF

Asset Class

Office

Size

1,030 SF

Building class

A

Zoning

DC1 — Direct Control

$ / SF

$313

Occupancy

93%

About this property

New Prime North York Office Space - Whole Wall Of Window Over Look Green Terrance, Tim Horton's Coffee On Main Floor. Steps To The New Finch Ave W Subway Station, Public Transit, 3 Floors Of Underground Parking. Own And Build Your Office in style. Massive 3rd Floor Rooftop Terrace. Unit Currently In Base Building Condition. separate electric meter for the unit. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$322K
Down payment30% · $97K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$20K

Annual cash flow

$2K

Cash-on-cash

2.13%

DSCR

1.12

Going-in cap

6.18%

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.

Rent roll (estimated)

TenantAreaExpiry
Northbridge Logistics645 SF2027-07
Northbridge Logistics400 SF2027-07

Area demographics

Trade area within 3 miles of the property.

Population

67,183

Households

26,933

Median income

$109,500

Median age

34.7

Daytime population

83,576

5-yr growth

6.1%

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

Secure deal room

Confidential diligence documents for 410 - 1275 FINCH AVENUE W, Toronto (York University Heights).

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.