For Sale · Industrial

3 - 32 GOODMARK PLACE, Toronto (West Humber-Clairville)

3 - 32 GOODMARK PLACE, Toronto (West Humber-Clairville), ON M9W6J4

$729,000 total

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Asset Class

Industrial

Size

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Building class

B

Zoning

IB — Industrial Business

$ / SF

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Occupancy

82%

Clear height

33 ft

Loading docks

4

About this property

Rarely offered, prime industrial unit in close proximity to major highways (427/27/407/Steels Ave). Offering approximately 1500 sq feet open concept on the main level and extra storage on upper level (approx. 100sqft). Convenient office area and 2pc bathroom. Perfect location and layout start your own business. Unit access is available through main entrance as well as from the back door. Double door garage for delivery, driving in cars etc. Small storage area created at the back of the unit, it can be easily removed/modified. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$729K
Down payment30% · $219K
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$34K

Annual cash flow

$-6K

Cash-on-cash

-2.74%

DSCR

0.85

Going-in cap

4.72%

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

93,209

Households

40,183

Median income

$72,500

Median age

39.5

Daytime population

126,970

5-yr growth

4.4%

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

Secure deal room

Confidential diligence documents for 3 - 32 GOODMARK PLACE, Toronto (West Humber-Clairville).

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.