For Sale · Retail

1625 WILSON AVENUE, Toronto (Downsview-Roding-CFB)

1625 WILSON AVENUE, Toronto (Downsview-Roding-CFB), ON M3L1A5

$14.9M total

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Asset Class

Retail

Size

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Building class

A

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

86%

About this property

Sale of Plaza in a very busy location. Next to Major Highways: 401, 400. Well maintained plaza with long standing tenants - Dental clinic, Physio clinic, Super market, restaurants and many more. Triple NET leases with TMI being paid by all tenants. Spans over 1.9 acres of land with ample plaza parking. Two municipal addresses with Two entries into the plaza. Zoning allows multiple uses. Strong monthly rental revenue with low expenses. Prime location with other large National brands in walking distance - Winners, Walmart, Nofrills, Food Basics, Dollarama, Burger King, Wild wings and many more. Perfect for Investors and large Developers looking at land banking revenue generating properties. Strong CAP Rate (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$14.90M
Down payment30% · $4.47M
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$69K

Projected NOI

$799K

Annual cash flow

$-27K

Cash-on-cash

-0.60%

DSCR

0.97

Going-in cap

5.36%

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

143,160

Households

51,711

Median income

$81,500

Median age

42.5

Daytime population

180,930

5-yr growth

3.1%

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

Secure deal room

Confidential diligence documents for 1625 WILSON AVENUE, Toronto (Downsview-Roding-CFB).

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.