
A2 - 2370 MIDLAND AVENUE E, Toronto (Agincourt South-Malvern West), ON M1S5C6
$459,000 total
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Asset Class
Industrial
Size
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Building class
B
Zoning
IL — Light Industrial
$ / SF
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Occupancy
98%
Clear height
23 ft
Loading docks
4
Fantastic opportunity to own an approx. 975 sq ft commercial/industrial unit in one of Scarborough's most desirable industrial hubs. Located near Midland & Sheppard, this well-maintained space is ideal for a wide range of business uses. Property Features functional layout with front and back workspace or can be converted to open layout Includes a 3-piece bathroom for staff convenience, two dedicated parking spaces. Potential for mezzanine expansion (subject to approval)/ Currently operating as a dental lab with a wide range of permitted uses. Great location with easy access to Highway 401, TTC, and local amenities. (id:66811)
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Monthly debt service
$2K
Projected NOI
$31K
Annual cash flow
$5K
Cash-on-cash
3.68%
DSCR
1.20
Going-in cap
6.65%
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
71,047
Households
28,546
Median income
$111,500
Median age
33.8
Daytime population
61,918
5-yr growth
8.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for A2 - 2370 MIDLAND AVENUE E, Toronto (Agincourt South-Malvern West).
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.