For Sale · Retail

111 - 10 PLASTICS AVENUE, Toronto (Stonegate-Queensway)

111 - 10 PLASTICS AVENUE, Toronto (Stonegate-Queensway), ON M8Z4B7

$375,000 total

965 SF

Asset Class

Retail

Size

965 SF

Building class

C

Zoning

CNC — Neighbourhood Commercial

$ / SF

$389

Occupancy

89%

Lot Size

965 ac

About this property

Rare opportunity to acquire a turnkey, multidisciplinary chiropractic and wellness clinic in a high-traffic Etobicoke location along the Queensway corridor. Established practice with over 5 years of patient history and a loyal, recurring patient base. Recently built out with a modern, professional design and fully equipped with advanced technology, including computerized spinal assessment (thermography, surface EMG and heart rate variability), digital posture analysis, a 3D foot scanner with pressure-plate gait analysis for custom 3D-printed orthotics, and a full-spectrum infrared sauna with red light therapy, halotherapy and chromotherapy. Diversified services include chiropractic, registered massage therapy, naturopathic medicine and custom orthotics, delivered by an established team of practitioners. Low owner dependence, and the owner is willing to stay on to ensure a seamless transition. Utilities are included in the rent, with 3.5 years remaining on the lease plus a 5-year option. Ideal for a chiropractor seeking ownership or a clinic group expanding in Toronto's west end. Confidential sale: do not approach owner, staff, patients or landlord. Details upon signed NDA. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$375K
Down payment30% · $113K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$21K

Annual cash flow

$611

Cash-on-cash

0.54%

DSCR

1.03

Going-in cap

5.70%

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
Northbridge Logistics400 SF2028-09
Meridian Health Group481 SF2028-09

Area demographics

Trade area within 3 miles of the property.

Population

120,350

Households

54,675

Median income

$75,000

Median age

41.2

Daytime population

156,322

5-yr growth

1%

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

Secure deal room

Confidential diligence documents for 111 - 10 PLASTICS AVENUE, 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.