For Lease · Industrial

125 - 70 SILVER STAR BOULEVARD, Toronto (Milliken)

125 - 70 SILVER STAR BOULEVARD, Toronto (Milliken), ON M1V4W2

$21.5 per sq ft / yr

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Asset Class

Industrial

Size

—

Building class

B

Zoning

IB — Industrial Business

$ / SF

—

Occupancy

89%

Clear height

34 ft

Loading docks

12

About this property

Clean industrial unit in desirable Midland/Finch area in the heart of Scarborough. Renovated unit with efficient layout. Double Commercial Man Doors at back for easy loading. Built-out with great reception, private office, and washroom at front with modern finishes. Ample shared surface parking. Easy access to major highways, minutes to Markham. Ideal for variety of commercial and industrial uses including wholesalers, contractors, light manufacturers, warehousing, e-commerce distribution, and more. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$22
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-4.67%

DSCR

0.75

Going-in cap

4.14%

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

121,445

Households

45,823

Median income

$63,000

Median age

36.9

Daytime population

172,987

5-yr growth

4%

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

Secure deal room

Confidential diligence documents for 125 - 70 SILVER STAR BOULEVARD, Toronto (Milliken).

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.