1/514 GAIL GROVE, Toronto (Humbermede)
14 GAIL GROVE, Toronto (Humbermede), ON M9M1M4
$4.1M total
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Asset Class
Industrial
Size
—
Building class
A
Zoning
IM — Medium Industrial
$ / SF
—
Occupancy
91%
Lot Size
0.38 ac
Clear height
24 ft
Loading docks
13
About this property
Very rare 6400 sf building available for sale in an ideal location just off Hwy 400 in between Finch and Sheppard. Currently split into 2 units. One unit is vacant, one unit has a month to month tenant (automotive). Vacant possession can be accommodated. Fully secured rear yard. Seller is having an environmental report completed. Ideal building for industrial or automotive uses. 8 parking spots up front with additional parking in the rear yard. Liberal EH1 zoning permitting outside storage. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$19K
Projected NOI
$219K
Annual cash flow
$-8K
Cash-on-cash
-0.69%
DSCR
0.96
Going-in cap
5.34%
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
65,915
Households
25,347
Median income
$64,000
Median age
37.3
Daytime population
60,247
5-yr growth
5.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 14 GAIL GROVE, Toronto (Humbermede).
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.