For Lease · Industrial

5 - 3480 MCNICOLL STREET, Toronto (Milliken)

5 - 3480 MCNICOLL STREET, Toronto (Milliken), ON M1V5A4

$17 per sq ft / yr

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Asset Class

Industrial

Size

—

Building class

C

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

96%

Clear height

34 ft

Loading docks

12

About this property

A Great small industrial Unit Available For Lease By A Well-Managed Landlord. Large Drive-In Shipping Door, Small Office And Washroom Included. No automotive allowed. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$17
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

0.35%

DSCR

1.02

Going-in cap

5.65%

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

40,233

Households

15,627

Median income

$114,000

Median age

45.9

Daytime population

61,136

5-yr growth

9.1%

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

Secure deal room

Confidential diligence documents for 5 - 3480 MCNICOLL STREET, Toronto (Milliken).

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.