Business For Sale · Office

304 - 996 MARTIN GROVE, Toronto (West Humber-Clairville)

304 - 996 MARTIN GROVE, Toronto (West Humber-Clairville), ON M9W4V8

Price on request

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Asset Class

Office

Size

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Building class

C

Zoning

CB2 — Central Business

$ / SF

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Occupancy

95%

About this property

Brand new, never-occupied office space available for lease at 996 Martin Grove. Offering approximately785 sq ft of open-concept space, this unit provides a clean canvas ideal for a variety of professional uses. Modern construction and finishes allow tenants to design and customize the layout to suit their business needs. Strategically located with excellent access to major highways, public transit, and surrounding amenities, this property offers outstanding convenience for both clients and staff. Situated in ahigh-demand commercial corridor, it benefits from strong exposure and proximity to established businesses, dining, and services. An exceptional opportunity to establish your business in a fresh, professional setting within a highly accessible and growing area. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$83K

Annual cash flow

$-511

Cash-on-cash

-0.11%

DSCR

0.99

Going-in cap

5.51%

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

96,490

Households

36,714

Median income

$81,000

Median age

43.9

Daytime population

135,212

5-yr growth

1.4%

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

Secure deal room

Confidential diligence documents for 304 - 996 MARTIN GROVE, Toronto (West Humber-Clairville).

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.