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Business For Sale · Retail

1647 EGLINTON AVENUE W, Toronto (Oakwood Village)

1647 EGLINTON AVENUE W, Toronto (Oakwood Village), ON M6E2H7

$1.2M total

2,200 SF

Asset Class

Retail

Size

2,200 SF

Building class

B

Zoning

CSC — Shopping Centre

$ / SF

$533

Occupancy

96%

About this property

Excellent exposure fronting on Eglinton Ave. and steps from high traffic intersections. Close proximity to highways & public transportation including TTC Subway and Eglinton Crosstown LRT. A fantastic opportunity for Retailers and Service Providers alike. Recently fully renovated main floor retail/office space +/- 1,100SF - Bright and spacious open concept main floor area with high ceilings. The basement area was also recently renovated and includes 3 washrooms, one with a shower, storage area, and large private room. Prime location just steps to Oakwood Station. This unit includes two Residential Apartments on the second floor. Both the Main floor area and Basement are currently Leased until May 31, 2030. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.17M
Down payment30% · $352K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$5K

Projected NOI

$78K

Annual cash flow

$13K

Cash-on-cash

3.65%

DSCR

1.20

Going-in cap

6.64%

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.

Rent roll (estimated)

TenantAreaExpiry
Aurora Legal LLP984 SF2033-10
Aurora Legal LLP522 SF2032-10
Aurora Legal LLP597 SF2033-10

Area demographics

Trade area within 3 miles of the property.

Population

144,046

Households

64,808

Median income

$85,500

Median age

41.1

Daytime population

192,923

5-yr growth

5.1%

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

Secure deal room

Confidential diligence documents for 1647 EGLINTON AVENUE W, Toronto (Oakwood Village).

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.