For Sale · Office

1201 DUNDAS STREET E, Toronto (South Riverdale)

1201 DUNDAS STREET E, Toronto (South Riverdale), ON M4M0A5

$368,000 total

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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

95%

About this property

Bright, modern and exceptionally well maintained, this end-unit office condo offers a quiet and comfortable workspace in a thriving downtown community. Floor-to-ceiling windows fill the unit with natural light, while the high ceilings and open layout create an impressive sense of space. Designed for everyday convenience, the unit includes a full kitchen, private bathroom with shower and in-suite laundry. Located in a clean, contemporary mixed-use building with both residential and professional occupants, the property is easy to access by transit and close to major routes and neighbourhood amenities. Additional features include interior window signage opportunities and access to the tenant amenity lounge with a full-service kitchen. (id:66811)

Financial sandbox

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Estimate
Purchase price$368K
Down payment30% · $110K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$25K

Annual cash flow

$4K

Cash-on-cash

3.98%

DSCR

1.22

Going-in cap

6.74%

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

126,379

Households

43,625

Median income

$68,000

Median age

41.3

Daytime population

205,252

5-yr growth

6%

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

Secure deal room

Confidential diligence documents for 1201 DUNDAS STREET E, Toronto (South Riverdale).

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.