For Sale · Office

11 - 357 EDGELEY BOULEVARD, Vaughan (Concord)

11 - 357 EDGELEY BOULEVARD, Vaughan (Concord), ON L4K3Y2

Price on request

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Asset Class

Office

Size

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Building class

B

Zoning

CB2 — Central Business

$ / SF

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Occupancy

93%

About this property

Prime commercial unit with exceptional street exposure located just minutes from the heart of Vaughan. Featuring a functional mix of main-floor reception, private office, boardroom, and warehouse space, this property is ideally suited for a variety of business operations. Main Floor Office area (approx. 960 SF) features a reception area, large private office, dedicated boardroom, and washroom with shower. The Second Floor Office area (approx. 500 SF) features 3 private offices, a 2nd bathroom, and a kitchenette. Warehouse area (approx. 530 SF) features open space equipped, a kitchenette, and a drive-in loading door. Steps from the TTC Subway, Walmart, major retailers, and dining options. Excellent transit access and commuter convenience. Tenant to set up accounts and pay utilities direct to the provider. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$80K

Annual cash flow

$-3K

Cash-on-cash

-0.69%

DSCR

0.96

Going-in cap

5.34%

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

119,079

Households

56,030

Median income

$68,500

Median age

40.8

Daytime population

189,441

5-yr growth

8.8%

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

Secure deal room

Confidential diligence documents for 11 - 357 EDGELEY BOULEVARD, Vaughan (Concord).

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.