














1/16312 - 7368 YONGE STREET, Vaughan (Crestwood-Springfarm-Yorkhill), ON L4J8H9
$497,777 total
—
Asset Class
Office
Size
—
Building class
A
Zoning
CB2 — Central Business
$ / SF
—
Occupancy
98%
PRIME YONGE STREET COMMERCIAL OFFICE FOR SALE UNDER $500K! Excellent opportunity to own a commercial office condominium at Yonge & Clark in Thornhill. Approx. 940 SF Gross / 747 SF usable, with a highly functional square layout and convenient access to Yonge Street, public transit and area amenities. Located near the planned Yonge North Subway Extension, offering potential long-term connectivity and investment benefits. Well suited for a variety of professional and business uses, subject to applicable zoning and approvals. The premises have operated for approximately 19 years as a jewelry wholesale business and feature two furnished private offices, a spacious main presentation/work area and one exclusive-use underground parking space. Existing security features include an electric controlled-entry "Man Trap" system, reinforced steel doors, built-in wall safes and a dedicated safe room with reinforced ceiling/exterior wall. An excellent opportunity for an owner-user, investor or business requiring enhanced on-site security. PLEASE NOTE: Premises require minor work, including drywall touch-ups and painting. The unit and all included chattels, furniture and security equipment are being offered strictly on an"AS-IS, WHERE-IS" basis, unless otherwise agreed to in writing. Buyer to satisfy itself regarding permitted use, measurements and suitability of the premises for its intended use. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$32K
Annual cash flow
$4K
Cash-on-cash
2.86%
DSCR
1.16
Going-in cap
6.40%
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
141,956
Households
58,837
Median income
$131,000
Median age
37.4
Daytime population
139,031
5-yr growth
7.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 312 - 7368 YONGE STREET, Vaughan (Crestwood-Springfarm-Yorkhill).
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.