For Sale · Office

208 - 621 SHEPPARD AVENUE E, Toronto (Bayview Village)

208 - 621 SHEPPARD AVENUE E, Toronto (Bayview Village), ON M2K1B5

Price on request

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Asset Class

Office

Size

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Building class

A

Zoning

CB2 — Central Business

$ / SF

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Occupancy

97%

About this property

Flexible 834 sq. ft. second-floor commercial space in the highly desirable Bayview & Sheppard area, directly across from Bayview Village Shopping Centre. The versatile layout offers an excellent opportunity for a wide range of professional, health, educational and appointment based businesses, including counselling/therapy, allied health, financial services, accounting, consulting, tutoring and other professional uses.Features include public elevator access, public and private washrooms for customers and staff, commercial unreserved parking, individually controlled heating and cooling, and separately metered utilities.Conveniently located near TTC, Highway 401, DVP, North YorkGeneral Hospital, banks, retailers and a strong surrounding residential community. Images include conceptual renderings for illustrative purposes only and are intended to demonstrate potential layouts, finishes and uses. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$85K

Annual cash flow

$2K

Cash-on-cash

0.46%

DSCR

1.02

Going-in cap

5.68%

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

104,758

Households

45,404

Median income

$108,000

Median age

44.3

Daytime population

165,700

5-yr growth

5.2%

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

Secure deal room

Confidential diligence documents for 208 - 621 SHEPPARD AVENUE E, Toronto (Bayview 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.