1/817 - 850 TAPSCOTT ROAD, Toronto (Rouge)
17 - 850 TAPSCOTT ROAD, Toronto (Rouge), ON M1X1N4
$360,000 total
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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
97%
About this property
Excellent opportunity to own a versatile commercial condo in the well-established Tapscott Business Mall. This functional two-level unit offers great potential for a variety of users, including retail, office, light industrial, specialty commercial, or owner-user/investor use. Conveniently located in a busy Scarborough commercial hub with access to major roads, transit, and surrounding businesses. The layout provides flexibility for different business operations, with potential to customize the space to suit your needs. Power of Sale under Aarti Mortgage Inc. Property is being sold strictly "as is, where is" with no representations or warranties. Buyer and Buyer's Agent are advised to conduct their own due diligence regarding property condition, zoning, permitted use, measurements, taxes, condo/maintenance fees, and all other relevant matters. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$24K
Annual cash flow
$4K
Cash-on-cash
3.91%
DSCR
1.21
Going-in cap
6.71%
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
55,706
Households
20,725
Median income
$80,500
Median age
43.7
Daytime population
50,719
5-yr growth
7.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 17 - 850 TAPSCOTT ROAD, Toronto (Rouge).
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.