Business For Sale · Industrial

4 ELROSE AVENUE, Toronto (Downsview-Roding-CFB)

4 ELROSE AVENUE, Toronto (Downsview-Roding-CFB), ON M9M2H6

$2.5M total

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Asset Class

Industrial

Size

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Building class

A

Zoning

IL — Light Industrial

$ / SF

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Occupancy

99%

Clear height

21 ft

Loading docks

3

About this property

Core Toronto Freehold Industrial For Sale! Location, Location, Location. High Traffic Area Next To Hwy 400 and 401. Weston Road! Seize This Exceptionally Rare Opportunity To Acquire A Valuable Freehold Property And A Thriving Automotive Business, Established Since 1996, Right In The Absolute Core Of Toronto. This Is A Generational Real Estate Investment With Unrivaled Industrial/Commercial Potential And Development Upside. The Turnkey Operation Includes Three Hoists, An Air Compressor, A 1200-Litre Oil Tank, a Tire Installer, a Wheel Balancer, And 10 Car Parking. For An Automotive Professional or Investor, This Prime Location Offers The Ultimate Security And Future Appreciation. Office Space, Mezanne For Storage, 2 Piece Bathroom (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.45M
Down payment30% · $735K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$11K

Projected NOI

$155K

Annual cash flow

$19K

Cash-on-cash

2.63%

DSCR

1.14

Going-in cap

6.33%

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

98,435

Households

34,505

Median income

$95,000

Median age

31.2

Daytime population

102,123

5-yr growth

8.8%

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

Secure deal room

Confidential diligence documents for 4 ELROSE AVENUE, Toronto (Downsview-Roding-CFB).

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.