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Price on request
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Asset Class
Industrial
Size
—
Building class
A
Zoning
IM — Medium Industrial
$ / SF
—
Occupancy
96%
Lot Size
3900 ac
Clear height
24 ft
Loading docks
1
Prime Vaughan Commercial Sublease Opportunity! Offering approximately 3,900 sq. ft. of versatile commercial space, featuring 1,800 sq. ft. of ground-level retail/showroom space and 2,100 sq. ft. of professionally built-out office space on the second level. The office area includes at least 6 generously sized offices, 1 boardroom, 2 bathrooms, and a convenient kitchenette. The second level is accessible via 2 separate staircases or an elevator, providing convenience and flexibility. Multiple doors allow for a variety of layout and configuration options to accommodate your business needs. Ideally located in Vaughan, close to major highways with public transit conveniently available at your doorstep. Gross Lease: $9,000/month + HST. TMI included. Tenant responsible for internet and insurance. A fantastic opportunity for businesses seeking a spacious, adaptable, and well-connected commercial location. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$84K
Annual cash flow
$775
Cash-on-cash
0.17%
DSCR
1.01
Going-in cap
5.59%
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.
Trade area within 3 miles of the property.
Population
50,655
Households
23,965
Median income
$82,000
Median age
43.4
Daytime population
44,991
5-yr growth
7.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 3 - 237 ROMINA DRIVE, Vaughan (Concord).
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.