Business For Sale · Office

837-839 O'CONNOR DRIVE, Toronto (O'Connor-Parkview)

837-839 O'CONNOR DRIVE, Toronto (O'Connor-Parkview), ON M4B2S7

$1.2M total

—

Asset Class

Office

Size

—

Building class

C

Zoning

DC1 — Direct Control

$ / SF

—

Occupancy

94%

About this property

Excellent Investment Opportunity. Great location minutes to Downtown. Easy access to DVP, LRT, Subway transportation. Exclusive Parkview Hill Community, Newly Finished Street improvements including charging stations, sidewalk beautification, bench seating. Great exposure. High Traffic Volume, Large frontage 25'ft deep lot 130ft. Fantastic expansion possibilities, laneway access multi car parking. Two retail/commercial units on main level, one (1) two bedroom apt. Second level, all units on month to month term, No Leases. AAA Tenants. Roof newly repaired, new skylights (two), Property in good condition shows well. Basement could also be apt. Sep Entrance, 4pc bath, kitchenette. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.20M
Down payment30% · $360K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$79K

Annual cash flow

$12K

Cash-on-cash

3.40%

DSCR

1.18

Going-in cap

6.56%

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

140,752

Households

59,301

Median income

$86,500

Median age

44.3

Daytime population

185,506

5-yr growth

5.5%

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

Secure deal room

Confidential diligence documents for 837-839 O'CONNOR DRIVE, Toronto (O'Connor-Parkview).

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.