For Sale · Retail

421, 421A DONLANDS AVENUE, Toronto (East York)

421, 421A DONLANDS AVENUE, Toronto (East York), ON M4J3S2

$999,999 total

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Asset Class

Retail

Size

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Building class

A

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

96%

About this property

POWER OF SALE - PRIME EAST YORK LOCATION! Welcome to an exceptional opportunity to own a unique commercial/residential property in a high-traffic and highly visible area of East York. This versatile property offers excellent potential for investors, entrepreneurs, owner-occupiers, or buyers looking to create a customized live/work space. The property features two separate entrances, providing flexibility for a variety of potential uses and configurations. Whether you are looking to operate your business from the property, establish a live/work setup, or explore its income-producing potential, this property offers plenty of possibilities. Front and rear parking provide added convenience and functionality, while the property's prominent location offers excellent street exposure and visibility. The property requires TLC and updating, making it an ideal opportunity for buyers with vision who are prepared to renovate and personalize the space to suit their needs. There is potential to transform the property into a functional and attractive commercial/residential asset while adding value through improvements. Located in an established East York area with high traffic, strong street presence, and convenient access to surrounding amenities and transportation, this property provides an opportunity to secure a versatile asset in a well-connected location. Power of Sale. Property is being sold strictly "as is, where is." Buyer and buyer's agent to conduct their own due diligence regarding permitted uses, zoning, measurements, taxes, and all other property details. Bring your vision, creativity, and renovation plans - opportunities like this don't come along often! (id:66811)

Financial sandbox

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Estimate
Purchase price$1000K
Down payment30% · $300K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$5K

Projected NOI

$65K

Annual cash flow

$10K

Cash-on-cash

3.27%

DSCR

1.18

Going-in cap

6.52%

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

106,741

Households

42,417

Median income

$97,000

Median age

31.3

Daytime population

152,333

5-yr growth

3.1%

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

Secure deal room

Confidential diligence documents for 421, 421A DONLANDS AVENUE, Toronto (East York).

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.