For Lease · Office

500 - 160 EGLINTON AVENUE E, Toronto (Mount Pleasant West)

500 - 160 EGLINTON AVENUE E, Toronto (Mount Pleasant West), ON M4P3B5

$16 per sq ft / yr

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Asset Class

Office

Size

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Building class

B

Zoning

CB2 — Central Business

$ / SF

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Occupancy

95%

About this property

Exceptional office opportunity in the heart of Yonge & Eglinton, one of Toronto's most dynamic Midtown hubs. Unit 500 offers approximately 8,094 sq. ft. of bright, functional office space featuring abundant natural light, elevator access, professional finishes, and existing furniture included. Asking $34.00/sq. ft. including TMI and furniture.Steps to Eglinton Subway Station and surrounded by high-rise residential, restaurants, retail, banking, and other amenities. Ideal for professional offices, technology companies, learning centres, studios, creative workspaces, and other suitable uses, subject to landlord approval.Unit 400, consisting of approximately 2,909 sq. ft., may also be leased together with Unit 500 for a combined total of approximately 11,003 sq. ft. (id:66811)

Financial sandbox

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Estimate
Purchase price$16
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

1.32%

DSCR

1.07

Going-in cap

5.94%

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

82,550

Households

32,222

Median income

$133,000

Median age

39.3

Daytime population

115,875

5-yr growth

6.4%

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

Secure deal room

Confidential diligence documents for 500 - 160 EGLINTON AVENUE E, Toronto (Mount Pleasant West).

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.