Business For Sale · Office

LOWER - 293 EGLINTON AVENUE E, Toronto (Mount Pleasant East)

LOWER - 293 EGLINTON AVENUE E, Toronto (Mount Pleasant East), ON M4P1L3

Price on request

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Asset Class

Office

Size

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Building class

A

Zoning

CB2 — Central Business

$ / SF

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Occupancy

95%

About this property

Bright Lower Level Office Space At Eglinton and Mt. Pleasant. Dedicated Access and Large Window To Let In The Light and Provide Visibility. Housed Below A Busy Real Estate Office. Perfectly Suited for Service Based Business. Formerly A Recording Studio Currently Configured to Include Soundproof Booth . Access To Private Washroom With Shower. Monthly Lease (Plus HST) Includes Taxes and Utilities. (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

90,276

Households

34,058

Median income

$98,000

Median age

42.5

Daytime population

132,844

5-yr growth

3.4%

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

Secure deal room

Confidential diligence documents for LOWER - 293 EGLINTON AVENUE E, Toronto (Mount Pleasant East).

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.