Business For Sale · Office

2 (UPPER LEVEL OFFICE) - 68 JUTLAND ROAD, Toronto (Islington-City Centre West)

2 (UPPER LEVEL OFFICE) - 68 JUTLAND ROAD, Toronto (Islington-City Centre West), ON M8Z2H1

Price on request

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Asset Class

Office

Size

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Building class

B

Zoning

CB2 — Central Business

$ / SF

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Occupancy

89%

About this property

Modern office space available for immediate occupancy in the heart of South Etobicoke! Ideally situated on Jutland Road between Islington and Kipling, with convenient access to the Queensway, Bloor/Islington subway, and QEW. Three private, self-contained offices available immediately, measuring approx 10 x 12 and 11 x 18 feet, located within a larger professional office setting with plenty of sunlight as huge windows in every office. Tenants enjoy access to shared amenities, including a reception area, kitchenette. All-inclusive lease covers utilities and internet. Join an established professional environment currently occupied by legal professionals. Ideal for professionals seeking a convenient location, modern facilities and a professional setting without the overhead of a traditional office lease. An excellent opportunity to establish or expand your business in a thriving South Etobicoke location. Schedule your viewing today! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$75K

Annual cash flow

$-8K

Cash-on-cash

-1.83%

DSCR

0.90

Going-in cap

4.99%

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

135,868

Households

62,617

Median income

$84,000

Median age

42.6

Daytime population

194,298

5-yr growth

9.3%

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

Secure deal room

Confidential diligence documents for 2 (UPPER LEVEL OFFICE) - 68 JUTLAND ROAD, Toronto (Islington-City Centre West).

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.