For Sale · Office

508 - 27 CARLTON STREET, Toronto (Church-Yonge Corridor)

508 - 27 CARLTON STREET, Toronto (Church-Yonge Corridor), ON M5B1L2

Price on request

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Asset Class

Office

Size

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Building class

C

Zoning

CO — Commercial Office

$ / SF

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Occupancy

89%

About this property

Prime Downtown Toronto Office/Studio Space - 27 Carlton St, 5th Floor Approximately 200 sq. ft. of flexible open-concept space on the 5th floor at 27 Carlton Street, in the heart of downtown Toronto. This efficient unit features attractive wood flooring and an open layout suited to a small office, studio, creative workspace, professional use, or storage/workroom application. The building offers convenient passenger-elevator access, with common-area washrooms located on the floor. Hydro is provided at a simple flat rate of $50 per month, helping keep monthly costs predictable. Please note there is no water access within the unit. Ideally located steps from Toronto Metropolitan University (TMU) and the Yonge subway line, the property provides excellent access to transit, restaurants, retail, and the downtown business core. An affordable, well-located option for tenants seeking a compact downtown presence. Highlights: Approx. 200 sq. ft. open-concept space5th-floor suite with passenger elevator access Wood flooring Common-area washrooms Flat-rate hydro: $50/month No water access in unit Steps to TMU and Yonge subway line Ideal for office, studio, creative, or professional use. Located next to the elevator. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$75K

Annual cash flow

$-8K

Cash-on-cash

-1.83%

DSCR

0.90

Going-in cap

4.99%

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

97,461

Households

38,663

Median income

$64,500

Median age

40.3

Daytime population

100,691

5-yr growth

9.1%

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

Secure deal room

Confidential diligence documents for 508 - 27 CARLTON STREET, Toronto (Church-Yonge Corridor).

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.