Business For Sale · Office

201 (DIVISIBLE) - 30 KERN ROAD, Toronto (Banbury-Don Mills)

201 (DIVISIBLE) - 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

B

Zoning

CB2 — Central Business

$ / SF

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Occupancy

90%

About this property

Well-appointed professional office space featuring high-quality finishes and ample free surface parking. 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. The second-floor walk-up suite offers a large boardroom, glass-enclosed perimeter offices, a spacious open-concept area, kitchenette, and private in-suite washrooms. The building features a newly updated ground-floor common area and offers an opportunity for building signage. Gross rent includes hydro and utilities. The suite can be divided to approximately 2,000 sq. ft., providing flexibility to accommodate a variety of professional office needs. (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

131,367

Households

47,444

Median income

$105,500

Median age

31

Daytime population

115,809

5-yr growth

2.8%

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

Secure deal room

Confidential diligence documents for 201 (DIVISIBLE) - 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.