1/7306 - 77 FLORENCE STREET, Toronto (Little Portugal)
306 - 77 FLORENCE STREET, Toronto (Little Portugal), ON M6K1P4
Price on request
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Asset Class
Office
Size
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Building class
C
Zoning
DC1 — Direct Control
$ / SF
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Occupancy
93%
About this property
Join the incredible community of creative entrepreneurs and commercial artists at 77 Florence! Currently a photography studio with two phase electric blinds (for 50% light or full blackout) and excellent natural light from the large windows and skylight. Exposed red brick walls, wood beam construction, original hardwood floors and big modern windows give this space the perfect blend of function and character. Private washroom and kitchen. Rent is semi-gross, utilities are an extra $155 per month. Sublease term ends Sept 2027. Head landlord open to extending term with a direct deal beyond the sublease term. Furniture negotiable. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
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
56,696
Households
25,444
Median income
$66,500
Median age
40.6
Daytime population
89,492
5-yr growth
3.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 306 - 77 FLORENCE STREET, Toronto (Little Portugal).
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.