Business For Sale · Office

2ND FLR NE - 1015 BLOOR STREET W, Toronto (Dufferin Grove)

2ND FLR NE - 1015 BLOOR STREET W, Toronto (Dufferin Grove), ON M6H1M1

Price on request

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Asset Class

Office

Size

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Building class

C

Zoning

CB2 — Central Business

$ / SF

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Occupancy

85%

About this property

Second floor shared office space available located between Dufferin & Dovercourt. Washrooms located on same floor plus a shared kitchen in basement. Negotiable shared board rooms located on the main floor. Reception area for clients. Well maintained and very professional building. Office space is shared with Lawyers, Accountants & other professionals. Synergy opportunities abound! Green P parking nearby plus private parking based on availability. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$70K

Annual cash flow

$-13K

Cash-on-cash

-2.97%

DSCR

0.84

Going-in cap

4.65%

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

88,801

Households

39,753

Median income

$114,500

Median age

32.6

Daytime population

95,491

5-yr growth

8.3%

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

Secure deal room

Confidential diligence documents for 2ND FLR NE - 1015 BLOOR STREET W, Toronto (Dufferin Grove).

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.