204 - 53 SPRING GARDEN AVENUE, Toronto (Willowdale East)
Business For Sale · Office

204 - 53 SPRING GARDEN AVENUE, Toronto (Willowdale East)

204 - 53 SPRING GARDEN AVENUE, Toronto (Willowdale East), ON M2N3G1

Price on request

1,900 SF

Asset Class

Office

Size

1,900 SF

Building class

C

Zoning

CO — Commercial Office

$ / SF

—

Occupancy

98%

About this property

LOCATION, LOCATION, LOCATION! PRIME YONGE & SHEPPARD COMMERCIAL OPPORTUNITY! Outstanding Opportunity To Establish Or Expand Your Business In The Highly Sought-After Yonge & Sheppard Business District! Situated On The 2nd Floor Of A Professional Office Building, This Versatile Commercial Space Is Just Steps From Yonge Street, Public Transit, And Subway Access, Offering Exceptional Convenience For Both Clients And Employees.TWO PARKING SPACES INCLUDED! Ideal For A Wide Variety Of Professional, Medical, Healthcare, And Service-Oriented Businesses, Including Medical Clinics, Wellness Centres, Spas, Acupuncture Clinics, Optometry And Eye Examination Services, And Other Professional Office Uses. An Excellent Choice For Lawyers, Accountants, Financial Advisors, Mortgage Brokers, Insurance Professionals, Educational Institutes, Travel Agencies, Recruitment Firms, And Many Others. DON'T MISS THIS EXCEPTIONAL OPPORTUNITY TO ESTABLISH YOUR BUSINESS IN A PRIME YONGE & SHEPPARD LOCATION! (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.

Rent roll (estimated)

TenantAreaExpiry
Vector Robotics801 SF2029-02
Vector Robotics1,065 SF2029-02

Area demographics

Trade area within 3 miles of the property.

Population

61,692

Households

26,302

Median income

$94,000

Median age

43.2

Daytime population

83,565

5-yr growth

1%

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

Secure deal room

Confidential diligence documents for 204 - 53 SPRING GARDEN AVENUE, Toronto (Willowdale East).

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.