Business For Sale · Office

310 - 996 MARTIN GROVE ROAD, Toronto (West Humber-Clairville)

310 - 996 MARTIN GROVE ROAD, Toronto (West Humber-Clairville), ON M9W4V8

$775,000 total

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Asset Class

Office

Size

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Building class

A

Zoning

CB2 — Central Business

$ / SF

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Occupancy

100%

About this property

Exceptional opportunity to own a professionally renovated, turnkey commercial office condominium in the highly sought-after Regal Plaza, a modern mixed-use development strategically located in West Toronto just minutes from Pearson International Airport. Situated on the 3rd floor, this bright and spacious unit features large wall-to-wall windows, abundant natural light, unobstructed views and high-end finishes, offering a sophisticated move-in-ready workspace from Day 1. Developed by SAMM Developments and built to Tier-1 Toronto Green Standards, Regal Plaza is a vibrant business community featuring 105 office suites, 8 ground-floor retail units and a wide range of professional services, medical and dental clinics, pharmacy and food amenities. Ideally positioned with immediate access to Hwy 401, 427, 409 and Highway 27, providing exceptional connectivity to major employment centres, downtown Toronto and Pearson International Airport. The building offers flexible zoning for a variety of permitted professional and commercial uses, making it an excellent opportunity for medical, legal, consulting, technology, accounting, professional services and owner-occupied businesses. Ample visitor parking, separate metering and low maintenance fees. Located within a premier mixed-use development with Staybridge Suites by Holiday Inn, hotel amenities and airport shuttle nearby, this property offers outstanding convenience for both business owners and investors. Surrounded by shopping, dining, public transit and major transportation routes, this is an exceptional opportunity to secure a modern commercial property in a rapidly growing and highly connected business district, ideal for end users, investors and businesses seeking long-term value and income potential. Property taxes to be assessed as this is a newly constructed building. Pictures are virtually staged. (id:66811)

Financial sandbox

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Estimate
Purchase price$775K
Down payment30% · $233K
Interest rate6.25%
Amortization25 years
Occupancy100%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$60K

Annual cash flow

$17K

Cash-on-cash

7.13%

DSCR

1.39

Going-in cap

7.68%

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

139,397

Households

54,309

Median income

$97,000

Median age

31.4

Daytime population

147,353

5-yr growth

8.4%

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

Secure deal room

Confidential diligence documents for 310 - 996 MARTIN GROVE ROAD, 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.