Unknown
Unknown, ON
Price on request
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Asset Class
Specialty
Size
—
Building class
A
Zoning
DC2 — Site Specific
$ / SF
—
Occupancy
91%
About this property
Rare opportunity to lease a parking space at the prestigious Massey Tower, 197 Yonge Street, in the heart of downtown Toronto! Featuring the building's innovative Boomerang fully automated parking system, offering a unique, space-efficient parking experience without traditional parking ramps. Simply access the designated vehicle transfer area and let the automated system handle parking and retrieval. Unbeatable location directly across from the Eaton Centre, steps to Yonge-Dundas Square, Queen Subway Station, PATH, Financial District, shopping, restaurants and entertainment. Enjoy the convenience of secure, covered underground parking in one of Toronto's most sought-after downtown locations (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$77K
Annual cash flow
$-6K
Cash-on-cash
-1.26%
DSCR
0.93
Going-in cap
5.16%
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
39,748
Households
13,729
Median income
$127,000
Median age
37.9
Daytime population
56,989
5-yr growth
6.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for Unknown.
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.