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For Sale · Retail

944 ST CLAIR AVENUE W, Toronto (Oakwood Village)

944 ST CLAIR AVENUE W, Toronto (Oakwood Village), ON M6E2V1

Price on request

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Asset Class

Retail

Size

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Building class

C

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

94%

About this property

Qualified tenants may benefit from a combination of a $$ Cash inducement and free rent to assist with leasehold improvements and set-up costs. Highly visible commercial space at the northeast corner of St. Clair Ave W and Oakwood Ave, offering excellent exposure with strong vehicular and pedestrian traffic, prominent frontage, and a TTC streetcar stop at the front door. Suitable for a range of professional, retail, food service, and service-oriented uses, with complementary neighbours including a pharmacy and dental clinic. Located in the heart of Regal Heights, Hillcrest, Northcliffe, and St. Clair Village, surrounded by established residential communities and new condominium developments, with Oakwood Collegiate Institute steps away. Modern stone and stucco façade with expansive glazing provides strong street presence. Functional basement offers additional storage or workspace. Flexible lease terms and possession available. Ideal for businesses seeking high visibility in Toronto's Oakwood Village corridor. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$81K

Annual cash flow

$-2K

Cash-on-cash

-0.40%

DSCR

0.98

Going-in cap

5.42%

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

103,219

Households

40,356

Median income

$73,500

Median age

41.9

Daytime population

169,835

5-yr growth

1.4%

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

Secure deal room

Confidential diligence documents for 944 ST CLAIR AVENUE W, Toronto (Oakwood Village).

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.