For Sale · Office

127 - 998 MARTIN GROVE ROAD, Toronto (West Humber-Clairville)

127 - 998 MARTIN GROVE ROAD, Toronto (West Humber-Clairville), ON M9W4V8

$392,999 total

—

Asset Class

Office

Size

—

Building class

B

Zoning

CO — Commercial Office

$ / SF

—

Occupancy

99%

About this property

Exceptional opportunity to own a BRAND NEW, FULLY BUILT READY TO MOVE IN OFFICE including ONE OWNED UNDERGROUND PARKING in one of West Toronto's premier business hubs. The unit is fully finished with walls, ceiling and new carpeting, eliminating the need for costly renovations. Simply customize the space with private offices, cubicles, or an open-concept layout. This bright, rectangular office features LARGE WINDOWS with unobstructed views and is ideallylocated on the first floor, just steps from the elevators and washrooms. Includes one ownedparking space conveniently located near the elevators, plus ample ground and underground visitor parking. Enjoy direct indoor access to adjacent Staybridge Hotel amenities, including a COMPLIMENTARY AIRPORT SHUTTLE. Situated minutes from Toronto Congress Centre and Pearson International Airport with IMMEDIATE ACCESS TO HIGHWAYS 401, 427, 409, and 27, this premium office offers exceptional convenience, connectivity, and value for business owners and investors. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$393K
Down payment30% · $118K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$29K

Annual cash flow

$8K

Cash-on-cash

6.52%

DSCR

1.35

Going-in cap

7.50%

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

61,248

Households

24,473

Median income

$94,500

Median age

31.1

Daytime population

63,182

5-yr growth

4.2%

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

Secure deal room

Confidential diligence documents for 127 - 998 MARTIN GROVE ROAD, Toronto (West Humber-Clairville).

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.