For Sale · Retail

105 - 1 DE BOERS DRIVE, Toronto (York University Heights)

105 - 1 DE BOERS DRIVE, Toronto (York University Heights), ON M3J0G6

Price on request

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Asset Class

Retail

Size

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Building class

C

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

95%

About this property

Client Remarks Incredible Location! NO TMI! 650 square feet unit perfect for any studio or office! Right At The Busy Intersection Of Sheppard/Allen Rd & Across From Sheppard West Subway Station! Minutes From Yorkdale Mall, Humber River Hospital and more! ! Connected To Luxury Residential Condos (thousands of units with thousands of residents within steps for incredible foot traffic)Large Windows & Professionally Renovated, Can Be Great For Pilates, yoga, Professional Offices; Doctor, Pharmacist, Dental Office, Real Estate, Accountant, Salon, Physio, Lots Of Surface and visitor Parking. Landlord is willing to give 1-2 months free rent for or do some work. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$83K

Annual cash flow

$-511

Cash-on-cash

-0.11%

DSCR

0.99

Going-in cap

5.51%

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

103,518

Households

38,712

Median income

$63,000

Median age

38.2

Daytime population

154,031

5-yr growth

9.2%

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

Secure deal room

Confidential diligence documents for 105 - 1 DE BOERS DRIVE, Toronto (York University Heights).

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.