For Lease · Retail

MAIN - 888 WILSON AVENUE, Toronto (Downsview-Roding-CFB)

MAIN - 888 WILSON AVENUE, Toronto (Downsview-Roding-CFB), ON M3K1E7

Price on request

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Asset Class

Retail

Size

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Building class

B

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

88%

About this property

Exceptional leasing opportunity in a high-demand corridor with excellent visibility, strong surrounding amenities, and convenient access to major routes and transit. Versatile commercial space suitable for a variety of uses, featuring approximately 1,400 sq. ft. of main-floor space plus approximately 3,000 sq. ft. of spacious, usable basement space with multiple storage areas. Flexible layout offers an excellent opportunity for tenants to customize the space to suit their business needs. $8,000/month + HST+45% of utilities. All uses and improvements subject to landlord approval and applicable municipal zoning and permits. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$74K

Annual cash flow

$-10K

Cash-on-cash

-2.11%

DSCR

0.89

Going-in cap

4.91%

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

134,598

Households

61,856

Median income

$123,000

Median age

36.7

Daytime population

196,228

5-yr growth

4.6%

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

Secure deal room

Confidential diligence documents for MAIN - 888 WILSON AVENUE, Toronto (Downsview-Roding-CFB).

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.