1/11675B PETROLIA ROAD, Toronto (York University Heights)
675B PETROLIA ROAD, Toronto (York University Heights), ON M3J2N6
$199,000 total
6,200 SF
Asset Class
Industrial
Size
6,200 SF
Building class
A
Zoning
IB — Industrial Business
$ / SF
$32
Occupancy
92%
Clear height
19 ft
Loading docks
4
About this property
Newly renovated industrial space in a highly accessible location! Offering approximately 6,200 sq. ft. within a multi-unit building, featuring 14.5-ft clear height, 400-amp/600V power and truck-level shipping. Upgrades include durable epoxy flooring, a dedicated vehicle delivery and photography area, and a newly custom-built vehicle entry ramp. Accommodates approximately 30 vehicles indoors, plus 20 outdoor parking spaces. TTC service at the doorstep, close to the GO Station and Highways 400, 401 and 407. Electricity is shared equally with the neighbouring tenant. Ideal for automotive-related businesses, woodworking, stone fabrication, food operations, places of worship and a variety of other permitted uses. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$919
Projected NOI
$10K
Annual cash flow
$-609
Cash-on-cash
-1.02%
DSCR
0.94
Going-in cap
5.24%
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)
| Tenant | Area | Expiry |
|---|---|---|
| Summit Trades Supply | 2,727 SF | 2027-10 |
| Summit Trades Supply | 2,996 SF | 2027-10 |
Area demographics
Trade area within 3 miles of the property.
Population
46,426
Households
16,291
Median income
$134,500
Median age
39.4
Daytime population
70,489
5-yr growth
3.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 675B PETROLIA ROAD, Toronto (York University Heights).
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.