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For Sale · Office

601 - 4211 YONGE STREET, Toronto (St. Andrew-Windfields)

601 - 4211 YONGE STREET, Toronto (St. Andrew-Windfields), ON M2P2A9

Price on request

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Asset Class

Office

Size

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Building class

B

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

90%

Lot Size

7705 ac

About this property

Ideal space for a basically turn-key head office or satellite large office! This well-located North York office address with strong visibility on Yonge Street, easy access to Highway 401 and TTC, and major north-south corridor with a professional office profile. Nearby amenities include GoodLife Fitness, Metro, Starbucks, and Shoppers Drug Mart, while restaurants such as Miller Tavern, Auberge du Pommier, RH Courtyard Restaurant and Swiss Chalet support client meetings and staff lunches. Top floor office space is available for EXCLUSIVE or SHARED use to be discussed up to 7,705 sq ft. It is an ideal fit for professional services, office users, and businesses seeking a flexible, convenient North York office location. *** 2-17 mins to Bayview Village/Yorkdale/Fairview/Shops on Don Mills Shopping Centres, Don Valley/Rosedale Golf Clubs, Sunnybrook Hospital, North York Civic Centre, Rogers Stadium/Downsview Park, Hotels, BMO/CIBC/RBC/TD and other Banks, Restaurants and shops on Yonge from Sheppard to Finch, Parks. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$76K

Annual cash flow

$-7K

Cash-on-cash

-1.54%

DSCR

0.92

Going-in cap

5.08%

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

88,123

Households

39,011

Median income

$68,000

Median age

40.7

Daytime population

98,384

5-yr growth

5.9%

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

Secure deal room

Confidential diligence documents for 601 - 4211 YONGE STREET, Toronto (St. Andrew-Windfields).

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.