Business For Sale · Industrial

15 - 130 LE PAGE COURT, Toronto (York University Heights)

15 - 130 LE PAGE COURT, Toronto (York University Heights), ON M3J3J1

$1.4M total

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Asset Class

Industrial

Size

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Building class

A

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

90%

Clear height

29 ft

Loading docks

9

About this property

This industrial unit has been meticulously renovated and maintained, currently used as a storage space, the unit was used by a construction company. with an office space suited for a professional use. The reception area, three offices, a board room, dedicated coffee station and a boardroom for conferences. There is also a second level for storage of documents as. There is a shop area in the back, ideal for storage of some equipment. Fully winterized it is an ideal head office for a business looking to expand. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.45M
Down payment30% · $435K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$79K

Annual cash flow

$-852

Cash-on-cash

-0.20%

DSCR

0.99

Going-in cap

5.48%

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

86,573

Households

40,285

Median income

$85,500

Median age

42.8

Daytime population

124,921

5-yr growth

9.1%

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

Secure deal room

Confidential diligence documents for 15 - 130 LE PAGE COURT, 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.