For Sale · Retail

2181-2183 WESTON ROAD, Toronto (Weston)

2181-2183 WESTON ROAD, Toronto (Weston), ON M9N1X9

$1.1M total

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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

83%

About this property

An exceptional opportunity to acquire a prominent property along the high-traffic Weston Road corridor. 2181-2183 Weston Road offers outstanding street exposure and a strategic position within an established and evolving Toronto neighbourhood, surrounded by residential communities, local businesses, retail amenities and excellent connectivity to major transportation routes. Offering tremendous potential for investors, developers and end users alike, the properties may be acquired individually or in conjunction with neighbouring 2187 Weston Road as part of a larger land assembly. An exciting opportunity to secure a significant footprint along a well-travelled commercial corridor with compelling long-term investment and redevelopment potential. Buyer to conduct their own due diligence regarding zoning, permitted uses and redevelopment opportunities. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.10M
Down payment30% · $330K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$5K

Projected NOI

$47K

Annual cash flow

$-14K

Cash-on-cash

-4.17%

DSCR

0.77

Going-in cap

4.29%

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

41,162

Households

14,348

Median income

$106,500

Median age

45.2

Daytime population

64,754

5-yr growth

8.5%

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

Secure deal room

Confidential diligence documents for 2181-2183 WESTON ROAD, Toronto (Weston).

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.