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