Business For Sale · Office

301 - 255 DUNCAN MILL ROAD, Toronto (St. Andrew-Windfields)

301 - 255 DUNCAN MILL ROAD, Toronto (St. Andrew-Windfields), ON M3B3H9

$385,000 total

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Asset Class

Office

Size

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Building class

B

Zoning

CO — Commercial Office

$ / SF

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Occupancy

86%

About this property

Welcome to Suite 301, 255 Duncan Mill Road, a rarely available almos1,000 sq. ft. professionally renovated office condominium located in one of North York's most prestigious and accessible business districts Don Mills & York Mills. This move-in-ready suite offers an ideal environment for a wide range of professionals including lawyers, accountants, consultants and other uses, looking for a well-appointed, private space that makes a strong impression. Beautifully designed with functionality and flow in mind, this suite includes two private, generously sized offices, a large boardroom, a reception area with desk, and a small open workspace perfect for additional seating, collaborative work, or file/storage stations. High-quality finishes throughout give the office a polished and professional atmosphere, allowing you to welcome clients and guests with confidence. The building itself is exceptionally maintained and managed, with modernized common areas, renovated washrooms, and upgraded elevators that speak to the pride of ownership shared by occupants. A shared washroom on the same floor adds to the day-to-day convenience for staff and clients alike. Location is everything, and this property delivers on all fronts. Situated minutes from Highways 401, 404, and the DVP, commuting in and out of the city is quick and easy. A TTC bus stop at the buildings doorstep ensures great accessibility for clients and employees who rely on public transit. Two dedicated underground parking spaces and one tandem covered surface space can be rented with the unit for $200/mth, and there is ample visitor parking available onsite. Courier services such as Purolator and DHL are nearby, which is a huge bonus for businesses that rely on regular deliveries or outbound shipping. Whether you're expanding your practice, downsizing from a larger footprint, or looking for a more professional environment, this suite offers incredible value in a prime business location. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$385K
Down payment30% · $116K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$23K

Annual cash flow

$2K

Cash-on-cash

1.56%

DSCR

1.08

Going-in cap

6.01%

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

45,493

Households

15,936

Median income

$106,500

Median age

45.4

Daytime population

52,868

5-yr growth

3.5%

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

Secure deal room

Confidential diligence documents for 301 - 255 DUNCAN MILL ROAD, Toronto (St. Andrew-Windfields).

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.