Business For Sale · Office

514 - 1275 FINCH AVENUE W, Toronto (York University Heights)

514 - 1275 FINCH AVENUE W, Toronto (York University Heights), ON L5R1B8

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

83%

About this property

Turnkey Opportunity! Fully Furnished 662 Sq Ft Office In University Heights Professional Centre. Perfect For Medical, Legal, Tech, Accounting Or Creative Hubs. Lease Price Includes High-Speed Wi-Fi (Bell Business Fibre Internet 1Gbps), Plug-And-Play Wired Internet Access, Installed Security Alarm System & Security Camera Monitoring.Features High Ceilings, Oversized Windows & Abundant Natural Light. Steps From Finch West Subway Station & LRT Hub. Minutes To York University, Humber River Hospital & Hwys 400/401. Sleek Modern Building With Grand Lobby, Concierge & Security. Parking Available Via Property Management. Move In Ready! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$67K

Annual cash flow

$-16K

Cash-on-cash

-3.54%

DSCR

0.81

Going-in cap

4.48%

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

112,322

Households

40,345

Median income

$95,500

Median age

31.7

Daytime population

120,663

5-yr growth

0.6%

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

Secure deal room

Confidential diligence documents for 514 - 1275 FINCH AVENUE W, Toronto (York University Heights).

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.