Business For Sale · Office

207/208 - 421 BLOOR STREET E, Toronto (North St. James Town)

207/208 - 421 BLOOR STREET E, Toronto (North St. James Town), ON M4W3T1

Price on request

—

Asset Class

Office

Size

—

Building class

B

Zoning

CO — Commercial Office

$ / SF

—

Occupancy

82%

About this property

An exceptional leasing opportunity in one of Downtown Toronto's most connected health and professional-services buildings. This combined suite sits directly across from Sherbourne Subway Station, with immediate access to Bloor Street, area hospitals, and a two-minute drive to the DVP - a location built for client traffic and staff commutes alike. Fully converted and renovated in 2021, the space offers a bright, open-concept reception and shared workspace area leading into five generously sized private offices, each with expansive exterior windows overlooking the busy Bloor/Sherbourne intersection. An in-suite kitchen supports day-to-day staff use, with common washrooms conveniently located on the floor. Plumbing rough-ins remain behind the walls, preserving flexibility for medical or dental use, while the current layout also allows room to expand into additional offices, cubicle space, or a boardroom/meeting area.Situated in a professionally managed building with condo fees inclusive of all utilities, and surrounded by restaurants and everyday amenities. A turn-key setup for medical, dental, or professional office use in an unbeatable transit-oriented 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
Occupancy82%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$66K

Annual cash flow

$-17K

Cash-on-cash

-3.83%

DSCR

0.79

Going-in cap

4.39%

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

76,568

Households

30,082

Median income

$121,000

Median age

31.9

Daytime population

66,752

5-yr growth

7.7%

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

Secure deal room

Confidential diligence documents for 207/208 - 421 BLOOR STREET E, Toronto (North St. James Town).

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.