For Sale · Office

601 & 602 - 105 GORDON BAKER ROAD, Toronto (Hillcrest Village)

601 & 602 - 105 GORDON BAKER ROAD, Toronto (Hillcrest Village), ON M2H3P8

Price on request

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Asset Class

Office

Size

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Building class

C

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

93%

About this property

All Inclusive Only $2,500/ Month! Total 1,413 Sqft Wide Open, Sun-Filled Office Space Formed By Two Combined Units, Offered At An Exceptional Rate And Outstanding Value Compared To Similar Spaces In The Area. Flexible Layout Allows Tenants To Lease Either One Individual Unit Or The Entire Space, Providing Maximum Flexibility For Various Business Needs. Fully Finished And Move-In Ready Featuring Carpet Flooring, 9 Ft T-Bar Ceiling, Electrical Panel, Fire Alarm System, And Dedicated Thermostat. Situated In A Newly Remodelled Class A Building With A Modern Lobby, Upgraded Elevators, New Washrooms, And Shared Lounge And Meeting Areas. Prime GTA Location Just 1 Minute To Hwy 404, 5 Minutes To Hwy 401, And 10 Minutes To Hwy 407, With Free Shuttle Service To Don Mills Subway Station Plus On-Site Underground And Surface Parking. Premium Professional Space In A Strategic Location Offered At A Highly Competitive Rate - A Standout Opportunity For Professional, Medical, Educational, And Service Users.**2 Designated Parking Space Included. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$80K

Annual cash flow

$-3K

Cash-on-cash

-0.69%

DSCR

0.96

Going-in cap

5.34%

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

42,367

Households

17,187

Median income

$85,500

Median age

44.1

Daytime population

61,601

5-yr growth

3%

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

Secure deal room

Confidential diligence documents for 601 & 602 - 105 GORDON BAKER ROAD, Toronto (Hillcrest Village).

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.