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$15 per sq ft / yr
16,083.49 SF
Asset Class
Retail
Size
16,083.49 SF
Building class
B
Zoning
CNC — Neighbourhood Commercial
$ / SF
$0
Occupancy
88%
Excellent leasing opportunity at 3000 Lawrence Ave E, ideally located near Lawrence Ave E & McCowan Rd. Building A is an established medical/professional office building containing approximately 16,083 SF of total rentable area, with approximately 11,875 SF currently available across the lower, main and second floors. Space is divisible to accommodate a variety of tenant requirements, including individual suites, multiple units or larger floor configurations. The property has a long history of medical and healthcare uses and is well suited for medical, dental, healthcare and professional office users. Building features include elevator access, multiple washrooms, surface parking and convenient access to public transit and major roadways. Net Rent starts at $15.00 PSF/annum with scheduled annual increases. Estimated TMI: $13.50 PSF/annum including electricity and gas. Landlord prefers a 5-year initial lease term with an additional 5-year renewal option. Immediate possession available for vacant premises. All uses subject to zoning and Landlord approval. Tenant/Co-op Agent to verify permitted use, measurements and all information. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$1
Annual cash flow
$0
Cash-on-cash
1.08%
DSCR
1.06
Going-in cap
5.87%
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.
| Tenant | Area | Expiry |
|---|---|---|
| Vector Robotics | 5,229 SF | 2029-12 |
| Vector Robotics | 3,290 SF | 2029-12 |
| Vector Robotics | 2,075 SF | 2029-12 |
| Vector Robotics | 3,608 SF | 2029-12 |
Trade area within 3 miles of the property.
Population
77,556
Households
31,781
Median income
$80,000
Median age
45.4
Daytime population
115,119
5-yr growth
9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 3000 LAWRENCE AVENUE E, Toronto (Bendale).
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.