For Lease · Industrial

113/115 - 1550 BIRCHMOUNT ROAD, Toronto (Clairlea-Birchmount)

113/115 - 1550 BIRCHMOUNT ROAD, Toronto (Clairlea-Birchmount), ON M1P2H1

$21 per sq ft / yr

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Asset Class

Industrial

Size

—

Building class

A

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

97%

Clear height

21 ft

Loading docks

5

About this property

This is a combined space of 2 adjoining units that can be leased as is or seperated. commercial building just minutes from Highway # 401 and the Scarborough Town Centre. Includes private entrance, modern finishes.Commercial/industrial building situated on the SW corner of Birchmount and Canadian Road ,Multi- purpose building. Additional square footage available up to 21,000 sf if needed, floor plans attached.This is open space . as is condition. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$21
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-3.07%

DSCR

0.83

Going-in cap

4.62%

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

145,071

Households

57,711

Median income

$79,000

Median age

43.5

Daytime population

237,852

5-yr growth

8.4%

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

Secure deal room

Confidential diligence documents for 113/115 - 1550 BIRCHMOUNT ROAD, Toronto (Clairlea-Birchmount).

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.