For Sale · Office

80 WARD STREET, Toronto (Dovercourt-Wallace Emerson-Junction)

80 WARD STREET, Toronto (Dovercourt-Wallace Emerson-Junction), ON M6H4A6

Price on request

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Asset Class

Office

Size

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Building class

A

Zoning

CB2 — Central Business

$ / SF

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Occupancy

89%

About this property

A private 219 square foot office on the second floor of 80 Ward Street, sized right for a solo professional, consultant or two-person team. Hardwood floors, a window for natural light, exposed ductwork and clean white walls give it a bright, loft-style feel. The building is air conditioned and sprinklered and zoned E2 employment, in the Junction Triangle near Dupont and Lansdowne with easy access to transit and the Bloor GO and UP Express corridor. Gross lease, so one simple monthly rent. Vacant and available immediately. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$75K

Annual cash flow

$-8K

Cash-on-cash

-1.83%

DSCR

0.90

Going-in cap

4.99%

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

115,029

Households

48,777

Median income

$124,000

Median age

36.6

Daytime population

131,854

5-yr growth

1.6%

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

Secure deal room

Confidential diligence documents for 80 WARD STREET, Toronto (Dovercourt-Wallace Emerson-Junction).

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.