1/7302 - 124 MERTON STREET, Toronto (Mount Pleasant West)
302 - 124 MERTON STREET, Toronto (Mount Pleasant West), ON M4S2Z2
$10 per sq ft / yr
—
Asset Class
Office
Size
—
Building class
A
Zoning
CO — Commercial Office
$ / SF
—
Occupancy
89%
About this property
NEW PROMOTIONAL RATE: Year 1 discounted rate available for the first 2 qualified tenants who sign a min. 5-year lease before Dec 31, 2026! PLUS a limited-time incentive of 2 months net-free rent during the initial term, and Landlord-offered custom flooring/upgrade packages for select units. Flexible terms & various unit sizes available.Take your business to the next level in Midtown Toronto, in the heart of Davisville Village! This prime, centrally located Boutique Designer building known as "The Empress Building" is steps from TTC transit & abundant local amenities. Onsite management, daily cleaning, elevators, accessible washrooms, staff underground parking, & a unique 2nd-floor patio courtyard. Welcoming ambience suited for professional offices, clinical/supportive services, and creative uses. Unit 302 is a very bright north-facing unit with front reception, a single office and large open space, previously occupied by a denturist. There is venting and multiple sinks existing int his unit, ideal for similar dental uses or any tenants who can benefit from the in-place fixtures. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$1
Annual cash flow
$0
Cash-on-cash
11.20%
DSCR
1.61
Going-in cap
8.90%
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
104,516
Households
39,941
Median income
$62,500
Median age
36.8
Daytime population
147,031
5-yr growth
6.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 302 - 124 MERTON STREET, Toronto (Mount Pleasant West).
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.