OFFICE NO. 7 - 823 COLLEGE STREET, Toronto (Trinity-Bellwoods)OFFICE NO. 7 - 823 COLLEGE STREET, Toronto (Trinity-Bellwoods) — photo 2OFFICE NO. 7 - 823 COLLEGE STREET, Toronto (Trinity-Bellwoods) — photo 3OFFICE NO. 7 - 823 COLLEGE STREET, Toronto (Trinity-Bellwoods) — photo 4OFFICE NO. 7 - 823 COLLEGE STREET, Toronto (Trinity-Bellwoods) — photo 5
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For Lease · Office

OFFICE NO. 7 - 823 COLLEGE STREET, Toronto (Trinity-Bellwoods)

OFFICE NO. 7 - 823 COLLEGE STREET, Toronto (Trinity-Bellwoods), ON M6G1C9

Price on request

45 SF

Asset Class

Office

Size

45 SF

Building class

A

Zoning

DC1 — Direct Control

$ / SF

—

Occupancy

100%

About this property

Are you looking for a modern professional office in downtown Toronto? Ideal for lawyers, accountants, financial advisors & wealth managers, consultants, Architects and Engineers, or any professionals seeking a private office. These offices offer a perfect alternative to co-working spaces or working in public spaces with no privacy. Flexible lease terms are available, ranging from month-to-month to long-term options. Offices come equipped with internet. A communal kitchen on the lower floor is available for shared use. Conveniently located in the vibrant Little Italy, the location is surrounded by excellent amenities and provides easy access to public transportation and minutes to major highways, ensuring a hassle-free commute. Located only a short distance to Ossington TTC Station, it offers excellent walk, transit, and bike scores. The office is surrounded by restaurants, retailers, and walking distance to Trinity-Bellwoods Park. Lease options include private office for 1-2 people. Utilities, hydro, heating and internet included. Four offices available. Tenant access limited to Monday through Friday, 9:00 AM to 6:00 PM and weekends from 10:00 AM to 4:00 PM. Boardroom available for lease on an hourly basis. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy100%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$89K

Annual cash flow

$6K

Cash-on-cash

1.31%

DSCR

1.07

Going-in cap

5.94%

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
Cascade Foods Inc.400 SF2032-01
Cascade Foods Inc.400 SF2032-01

Area demographics

Trade area within 3 miles of the property.

Population

130,953

Households

58,737

Median income

$110,000

Median age

34

Daytime population

207,647

5-yr growth

4.2%

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

Secure deal room

Confidential diligence documents for OFFICE NO. 7 - 823 COLLEGE STREET, Toronto (Trinity-Bellwoods).

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.