For Lease · Industrial

5 - 3497 KENNEDY ROAD, Toronto (Milliken)

5 - 3497 KENNEDY ROAD, Toronto (Milliken), ON M1V4Y3

$18.5 per sq ft / yr

1,861 SF

Asset Class

Industrial

Size

1,861 SF

Building class

B

Zoning

IB — Industrial Business

$ / SF

$0

Occupancy

87%

Clear height

34 ft

Loading docks

2

About this property

sublease expires November 30, 2030 Note: power available. Good shipping area, corner unit. Rates starts $18.80/per square feet net as of December 1, 2026. Please check for appropriate uses. First and last month gross rent plus $150. Key deposit + one extra month security deposit. No food, no automotive use. Deposit-first & last security rent deposit. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$19
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-2.80%

DSCR

0.85

Going-in cap

4.70%

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
Halcyon Wealth Partners932 SF2027-03
Halcyon Wealth Partners695 SF2027-03

Area demographics

Trade area within 3 miles of the property.

Population

132,816

Households

59,977

Median income

$111,500

Median age

31.4

Daytime population

162,034

5-yr growth

6.9%

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

Secure deal room

Confidential diligence documents for 5 - 3497 KENNEDY ROAD, Toronto (Milliken).

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.