Business For Sale · Office

202 - 30 KERN ROAD, Toronto (Banbury-Don Mills)

202 - 30 KERN ROAD, Toronto (Banbury-Don Mills), ON M3B1T1

Price on request

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Asset Class

Office

Size

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Building class

A

Zoning

CB2 — Central Business

$ / SF

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Occupancy

90%

About this property

Well-maintained professional office space featuring high-quality finishes, ample free surface parking, and excellent accessibility. The property is conveniently located near a variety of amenities, including restaurants, cafés, fitness facilities, and banking, with easy access to Highways 401 and 404 and Sheppard Subway Station. This second-floor walk-up suite features a large boardroom, glass-enclosed perimeter offices, a spacious open-concept area, kitchenette, and private in-suite washrooms. A newly updated common area is available on the ground floor, along with an opportunity for building signage. Gross rent includes hydro and utilities. The suite is divisible to approximately 2,000 sq. ft., offering flexibility for a range of professional office uses. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$76K

Annual cash flow

$-7K

Cash-on-cash

-1.54%

DSCR

0.92

Going-in cap

5.08%

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

118,679

Households

47,482

Median income

$132,500

Median age

38.6

Daytime population

172,792

5-yr growth

3%

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

Secure deal room

Confidential diligence documents for 202 - 30 KERN ROAD, Toronto (Banbury-Don Mills).

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.