For Sale · Retail

684 WILSON AVENUE, Toronto (Downsview-Roding-CFB)

684 WILSON AVENUE, Toronto (Downsview-Roding-CFB), ON M3K1E1

$989,000 total

—

Asset Class

Retail

Size

—

Building class

A

Zoning

CB1 — Low Intensity Business

$ / SF

—

Occupancy

92%

About this property

Prime Mixed- Use Commercial and Residential Investment Opportunity at Dufferin/Wilson! This versatile well maintained property offers approximately 800 sq.ft. of main -floor commercial space plus a fully finished basement, providing excellent flexibility for a variety of retail, office, or service-related uses. The main-floor commercial space, currently operating as a spa/salon. The approximately 800 sq.ft second-floor residential unit includes a living/dining area, full kitchen, 2 bedrooms, and a 3-piece bathroom. Parking space at the front add valuable convenience for both the residential and commercial components. Located in a well-connected Toronto neighbourhood with easy access to public transit, TTC and subways services, and major highways including Highway 400 and 401. Conveniently situated near Humber River Hospital, Downsview Park, and Yorkdale Shopping Centre. An excellent opportunity for an investor, owner-operator, or business owner looking for a versatile mixed-use property combining commercial space with residential accommodation. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$989K
Down payment30% · $297K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$5K

Projected NOI

$54K

Annual cash flow

$-859

Cash-on-cash

-0.29%

DSCR

0.98

Going-in cap

5.45%

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

110,467

Households

52,462

Median income

$101,500

Median age

33.1

Daytime population

128,121

5-yr growth

2%

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

Secure deal room

Confidential diligence documents for 684 WILSON AVENUE, Toronto (Downsview-Roding-CFB).

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.