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$1.3M total
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Asset Class
Office
Size
—
Building class
A
Zoning
CO — Commercial Office
$ / SF
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Occupancy
84%
CR-Zoned 50 x 200 Ft Lot in an Established Commercial Area | Renovated Detached Bungalow | Parking for 10+. Attention business owners, professionals and investors! 2 Collinsgrove Rd sits on a 50 x 200 ft lot zoned CR (Commercial Residential) in an established retail area near Lawrence Ave E and Morningside Ave. Permitted uses under the CR zone include office, medical office/clinic, personal service shop, massage therapy, wellness centre, education use, artist or production studio, and software development (buyer to verify permitted uses, conditions and change-of-use requirements with the City). The deep lot provides on-site parking for approx. 10 vehicles for clients, staff or a fleet. It's minutes to UTSC, Centennial College and Hwy 401, with TTC at your doorstep. Extensively renovated 2023-2026, it generates income or serves your operations from day one. Upgrades include new electrical wiring, whole-house plumbing and a new sewer line to the city connection (all 2024), a new asphalt driveway and concrete walkway (2026), a roof from 2019 and A/C from 2023. Each level has its own appliances and laundry. Hold for income today with long-term upside! (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$6K
Projected NOI
$61K
Annual cash flow
$-10K
Cash-on-cash
-2.65%
DSCR
0.86
Going-in cap
4.74%
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.
Trade area within 3 miles of the property.
Population
86,472
Households
32,079
Median income
$62,000
Median age
35.9
Daytime population
81,457
5-yr growth
6.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 2 COLLINSGROVE ROAD, Toronto (West Hill).
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.