For Sale · Industrial

SECOND FLOOR - 1024 DUPONT STREET, Toronto (Dovercourt-Wallace Emerson-Junction)

SECOND FLOOR - 1024 DUPONT STREET, Toronto (Dovercourt-Wallace Emerson-Junction), ON M6H1Z6

Price on request

1,355 SF

Asset Class

Industrial

Size

1,355 SF

Building class

B

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

85%

Clear height

32 ft

Loading docks

7

About this property

Second-floor industrial studio at 1024 Dupont Street with the bones a woodworking or maker shop looks for: 1,355 square feet on one open floor, exposed timber ceilings, original wood floors and a large steel-frame factory window that floods the space with daylight. A great fit for woodworkers, furniture makers and artists. Elevator access to the second floor makes moving material, tools and finished pieces practical, and street parking sits in front of the building. Zoned E2 employment in the Davenport and Junction Triangle area, surrounded by fabricators, studios and trades, with quick access to Dupont, Lansdowne and the Bloor GO and UP Express corridor. Gross lease, so the monthly rent is simple to budget. Vacant and available now. A rare open-floor workshop at this size in the city. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$70K

Annual cash flow

$-13K

Cash-on-cash

-2.97%

DSCR

0.84

Going-in cap

4.65%

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.

Rent roll (estimated)

TenantAreaExpiry
Northbridge Logistics1,149 SF2034-11

Area demographics

Trade area within 3 miles of the property.

Population

114,626

Households

41,748

Median income

$101,000

Median age

44.5

Daytime population

126,084

5-yr growth

5.9%

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

Secure deal room

Confidential diligence documents for SECOND FLOOR - 1024 DUPONT STREET, Toronto (Dovercourt-Wallace Emerson-Junction).

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.