FIRST FLOOR - 405 DUNDAS STREET W, Toronto (Kensington-Chinatown)

FIRST FLOOR - 405 DUNDAS STREET W, Toronto (Kensington-Chinatown) — photo 2

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For Lease · Retail

FIRST FLOOR - 405 DUNDAS STREET W, Toronto (Kensington-Chinatown)

FIRST FLOOR - 405 DUNDAS STREET W, Toronto (Kensington-Chinatown), ON M5T1G6

Price on request

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Asset Class

Retail

Size

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Building class

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

98%

About this property

Prime Retail Leasing Opportunity In The Heart Of Downtown Toronto's Chinatown! Approximately 3,000 Sq. Ft. Of Main Floor Commercial Space In A High-Traffic Location, Close To The Art Gallery Of Ontario (AGO). Recently Renovated And Suitable For A Variety Of Retail And Commercial Uses, Subject To Applicable Zoning And Approvals. Landlord Open To Multiple Uses. Entire Space Available For Lease Or Potential To Lease A Portion, Offering Flexible Options For Businesses Of Various Sizes. Excellent Opportunity To Establish Your Business In A Vibrant Downtown Location. PLEASE DO NOT GO DIRECT. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate

Purchase price$1.50M

Down payment30% · $450K

Interest rate6.25%

Amortization25 years

Occupancy98%

Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$86K

Annual cash flow

$3K

Cash-on-cash

0.74%

DSCR

1.04

Going-in cap

5.76%

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

87,044

Households

33,615

Median income

$121,000

Median age

32.4

Daytime population

139,389

5-yr growth

8.8%

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

Secure deal room

Confidential diligence documents for FIRST FLOOR - 405 DUNDAS STREET W, Toronto (Kensington-Chinatown).

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.