

1/311 - 808 YORK MILLS ROAD, Toronto (St. Andrew-Windfields), ON M3B1X8
Price on request
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Asset Class
Retail
Size
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Building class
A
Zoning
CSC — Shopping Centre
$ / SF
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Occupancy
86%
Location, Location, Location! Exceptional opportunity to sublease a beautifully renovated, turnkey commercial retail storefront in a high-exposure plaza at the prominent corner of York Mills Road and Leslie Street. This sought-after plaza is anchored by national retailers, including Longo's, McDonald's, Shoppers Drug Mart, TD Bank, BMO, and other well-established businesses, generating strong daily traffic and outstanding visibility. Professionally designed and finished to an exceptional standard, this impressive space features soaring 13-foot ceilings, extensive custom millwork and moldings, full marble slab finishes, and premium-quality craftsmanship throughout. Currently operating as a real estate office, the functional layout is ideally suited for a wide range of professional and service-based businesses, including legal, accounting, mortgage, insurance, medical, consulting, wealth management, or a builder/developer showroom. Approximately five years remain on the current lease, with an additional five-year renewal option available, providing excellent long-term flexibility. The plaza also offers abundant, unrestricted surface parking for clients and staff. The incoming tenant will be required to pay $300,000 to the current tenant as partial reimbursement for the substantial leasehold improvements and high-end renovations. This represents an outstanding opportunity to occupy a fully built-out, luxury commercial space while avoiding the significant time, cost, and uncertainty associated with designing and constructing a comparable premises from the ground up. (id:66811)
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Monthly debt service
$7K
Projected NOI
$71K
Annual cash flow
$-12K
Cash-on-cash
-2.69%
DSCR
0.85
Going-in cap
4.74%
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.
Trade area within 3 miles of the property.
Population
104,304
Households
46,354
Median income
$109,500
Median age
33.7
Daytime population
101,624
5-yr growth
9.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 11 - 808 YORK MILLS ROAD, Toronto (St. Andrew-Windfields).
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.