Business For Sale · Industrial

11 - 3025 KENNEDY ROAD, Toronto (Milliken)

11 - 3025 KENNEDY ROAD, Toronto (Milliken), ON M1V1S3

$3.8M total

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Asset Class

Industrial

Size

—

Building class

C

Zoning

IB — Industrial Business

$ / SF

—

Occupancy

85%

Clear height

33 ft

Loading docks

5

About this property

Exceptional opportunity to own a spacious 7,500 sq. ft. industrial commercial condominium in a highly accessible Kennedy Rd/McNicoll Ave location, just minutes from Hwy 401, major transit routes, Pacific Mall and Go Transit. This versatile property offers approximately 1,560 sq. ft. of finished office space, 2,640 sq. ft. of warehouse space and 3,300 sq. ft. of garage/storage area, featuring 16-ft clear height and a 14-ft drive-in door. The thoughtfully configured space includes multiple offices, 3 washrooms, reception/waiting area, kitchen/break area and ample parking. Suitable for a range of permitted commercial, industrial, warehouse, office and storage uses. Ideal for an owner-user, growing business or investor looking for a substantial and adaptable commercial property in a strategic location. Buyer and buyer's agent to verify all zoning, permitted uses, measurements and property details with the City of Toronto. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$3.80M
Down payment30% · $1.14M
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$18K

Projected NOI

$158K

Annual cash flow

$-52K

Cash-on-cash

-4.59%

DSCR

0.75

Going-in cap

4.16%

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

63,270

Households

26,453

Median income

$133,500

Median age

34.4

Daytime population

63,999

5-yr growth

3.9%

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

Secure deal room

Confidential diligence documents for 11 - 3025 KENNEDY ROAD, Toronto (Milliken).

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.