For Sale · Retail

3 - 800 PETROLIA ROAD, Toronto (York University Heights)

3 - 800 PETROLIA ROAD, Toronto (York University Heights), ON M3J3K4

$499,900 total

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Asset Class

Retail

Size

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Building class

C

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

93%

About this property

ATTN: Entrepreneurs, Investors & Expanding Businesses: Versatile, Fully Improved Commercial Unit In Prime North York Location. This Bright, Barrier-Free, Single-Floor Commercial Unit Offers Over 1,000 Sq Ft Of Turnkey Space In A High-Visibility, Easily Accessible North York Location. Thoughtfully Designed For Efficiency, Professionalism, And Flexibility, It Features A Sunlit Reception Area, Up To Four Private Offices, And A Convenient Kitchenette - Ideal For A Wide Range Of Business Operations And Professional Uses. Positioned Just Steps From Major Arterial Roads And Public Transit, And Minutes To Highways 400, 401, And 407, This Strategic Location Provides Exceptional Connectivity Across The GTA And Beyond. Whether Serving Local Clients, Supporting Regional Operations, Or Enhancing Staff Accessibility,This Address Delivers Outstanding Convenience. Zoned M3, The Property Permits A Broad Variety Of Uses, Including Light Industrial,Warehousing, Showrooms, Offices, And Service-Oriented Businesses - Offering Entrepreneurs, Investors, And Growing Companies Exceptional Versatility And Long-Term Potential. Looking For A Customized Setup? The Flexible Open Floor Plan Allows For Easy Reconfiguration To Needs, While Potential For A Mezzanine (Subject To Approval) Could Provide Additional Functional Space As Your Business Continues To Grow. An Exceptional Opportunity For Owners And Investors Seeking To Launch, Relocate, Expand, Or Elevate Their Operations, This Rare Offering Combines Strategic Location, Flexible Design, Ample Parking, And Dynamic Zoning In One Highly Desirable Package - Ready To Support Your Business Success! (id:66811)

Financial sandbox

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Estimate
Purchase price$500K
Down payment30% · $150K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$32K

Annual cash flow

$5K

Cash-on-cash

3.16%

DSCR

1.17

Going-in cap

6.49%

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

97,576

Households

42,959

Median income

$92,500

Median age

44.8

Daytime population

145,831

5-yr growth

4.8%

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

Secure deal room

Confidential diligence documents for 3 - 800 PETROLIA ROAD, Toronto (York University Heights).

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.