For Lease · Retail

693A THE QUEENSWAY, Toronto (Stonegate-Queensway)

693A THE QUEENSWAY, Toronto (Stonegate-Queensway), ON M8Y1L2

$59.99 per sq ft / yr

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Asset Class

Retail

Size

—

Building class

C

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

83%

About this property

PRIME COMMERCIAL CORNER UNIT FOR LEASE at REINA CONDOS, Elevate your business with this brand-new 1000 sq. ft. commercial unit positioned at the base of a modern boutique condo with 200+ residential suites. This brand-new, open-concept corner commercial unit features expansive floor-to-ceiling windows, streaming natural light throughout. Premier street-facing frontage directly on bustling The Queensway, this high-visibility location provides exceptional exposure. Just minutes from the QEW, this location offers exceptional accessibility and exposure. The flexible layout ideal for a wide array of uses, including retail storefronts, food & beverage (dine-in or takeout), professional services (law, real estate, mortgage), Medical/Dental, Childcare & educational centers, or a neighborhood convenience market. Capitalize on this outstanding opportunity to anchor your brand in a rapidly growing community. Book your viewing today! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$60
Down payment30% · $18
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$3

Annual cash flow

$-0

Cash-on-cash

-2.19%

DSCR

0.88

Going-in cap

4.88%

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

89,400

Households

35,586

Median income

$104,000

Median age

45.4

Daytime population

84,595

5-yr growth

4.1%

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

Secure deal room

Confidential diligence documents for 693A THE QUEENSWAY, Toronto (Stonegate-Queensway).

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.