Business For Sale · Office

1208 - 4789 YONGE STREET, Toronto (Willowdale East)

1208 - 4789 YONGE STREET, Toronto (Willowdale East), ON M2N0G3

$499,000 total

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Asset Class

Office

Size

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Building class

B

Zoning

CO — Commercial Office

$ / SF

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Occupancy

95%

About this property

This top-floor office space at Hullmark Centre features expansive views and an exceptional location with direct access to the Yonge subway line and convenient proximity to Highway 401. Situated in a vibrant business district surrounded by shops and restaurants, the unit offers a functional layout that includes a reception area, flexible private offices and meeting rooms, a dedicated server or storage room, and a kitchenette, making it well suited to a variety of business operations, including a law office, accounting practice, or other professional business. (id:66811)

Financial sandbox

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Estimate
Purchase price$499K
Down payment30% · $150K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$32K

Annual cash flow

$4K

Cash-on-cash

2.95%

DSCR

1.16

Going-in cap

6.43%

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

128,219

Households

50,709

Median income

$85,000

Median age

41.2

Daytime population

213,973

5-yr growth

9.1%

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

Secure deal room

Confidential diligence documents for 1208 - 4789 YONGE STREET, Toronto (Willowdale East).

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.