1/11204 - 100 SILVER STAR BOULEVARD, Toronto (Milliken)
204 - 100 SILVER STAR BOULEVARD, Toronto (Milliken), ON M1V5A3
Price on request
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Asset Class
Industrial
Size
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Building class
A
Zoning
IB — Industrial Business
$ / SF
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Occupancy
87%
Clear height
27 ft
Loading docks
12
About this property
Bright, approximately 699 sq. ft. corner commercial unit for lease at 100 Silver Star Boulevard, Unit 204, near Midland Avenue and Finch Avenue East. Previously occupied by a medical aesthetics business, the unit offers separate private rooms, a reception area, a kitchenette with sink and cabinetry, and an in-unit washroom. Large windows bring in natural light, and glass-panel interior doors complement a layout well suited to a nail salon, beauty or aesthetics studio, massage therapy practice, small clinic, or professional office. The unit is also well positioned for a potential central kitchen conversion, with nearby restaurants and food businesses in Scarborough's established Finch-Midland Asian dining hub. Concept plans and renderings illustrate a possible kitchen layout. Proposed uses are subject to zoning and applicable approvals. Available immediately at $1,550 per month net, plus TMI, utilities, and applicable taxes. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$72K
Annual cash flow
$-11K
Cash-on-cash
-2.40%
DSCR
0.87
Going-in cap
4.82%
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
86,420
Households
34,648
Median income
$130,000
Median age
38.3
Daytime population
80,129
5-yr growth
1.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 204 - 100 SILVER STAR BOULEVARD, Toronto (Milliken).
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.