Business For Sale · Office

UNIT 32 - 209 WICKSTEED AVENUE, Toronto (Leaside)

UNIT 32 - 209 WICKSTEED AVENUE, Toronto (Leaside), ON M4G2C1

$699,000 total

—

Asset Class

Office

Size

—

Building class

A

Zoning

CB2 — Central Business

$ / SF

—

Occupancy

96%

About this property

Premier commercial condo in Central Leaside's Wicksteed Business Park. Approximately 966 sq. ft. of versatile, clear-span space featuring soaring 12-ft exposed ceilings, industrial spiral ductwork, linear architectural lighting and durable polished concrete floors. Currently configured with a bright front entry/reception area, expansive open-concept main floorplate, dedicated rear room with sliding partition and in-suite plumbing rough-ins ready for customization. Flexible E 1.0 zoning supports a variety of potential uses, including an artisanal bakery or food-production space, specialty café or roastery, creative agency and professional office. Ground-floor direct access and dedicated on-site surface parking provide added convenience for staff and visitors. Ideally positioned near Laird Drive, Laird Station on the Eglinton Crosstown LRT, the DVP and Highway 401, with easy access to SmartCentres Leaside, specialty cafés, fitness destinations and other neighbourhood amenities. A distinctive, move-in-ready opportunity that can also be tailored to suit your business vision. Buyers to verify permitted use and zoning requirements. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$699K
Down payment30% · $210K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$47K

Annual cash flow

$8K

Cash-on-cash

3.80%

DSCR

1.21

Going-in cap

6.68%

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

128,752

Households

52,580

Median income

$122,000

Median age

38.6

Daytime population

180,532

5-yr growth

8.6%

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

Secure deal room

Confidential diligence documents for UNIT 32 - 209 WICKSTEED AVENUE, Toronto (Leaside).

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.