
2ND FLOOR - 214 PELLATT AVENUE, Toronto (Humberlea-Pelmo Park), ON M9N2P6
Price on request
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Asset Class
Office
Size
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Building class
A
Zoning
DC1 — Direct Control
$ / SF
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Occupancy
86%
Lot Size
2400 ac
Bright 2,400 sq. ft. entire second floor space. Ideal for professional office use, such as engineering, architectural, design, accounting, legal, and more. Ideal as call centre work area. May be used as a live/work space, since it is equipped with kitchen and laundry facilities.It includes the following rooms: 1) 24'-10"x 16'-0" ; 2) 11'-5"x 8'-9" ; 3) 11'-5"x 10'-0" ; 4) 12'-0"x 15'-6" ; 5) 21'-7"x 15'-6" ; 6) 16'-0"x 11'-8" ; 7) 12'-2"x 12'-2" ; 8) 10'-2"x 8'-8" ; 9) 8'-0"x 16'-7". This office space also features a large balcony (9'-9"x 20'-7") with southern exposure, ideal for that relaxing break that everyone needs. Flooring is oak strip, except for entrance, central corridor and kitchen that have ceramic tile. Ceiling height is 8'-0". Electrical service is 100 Amps. Kitchen has all new appliances. Parking is provided at front of building.Lease is a gross lease.Tenant is responsible for cost of utilities (separately metered). (id:66811)
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Monthly debt service
$7K
Projected NOI
$71K
Annual cash flow
$-12K
Cash-on-cash
-2.69%
DSCR
0.85
Going-in cap
4.74%
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.
Trade area within 3 miles of the property.
Population
138,190
Households
59,175
Median income
$136,500
Median age
34.9
Daytime population
144,106
5-yr growth
5.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 2ND FLOOR - 214 PELLATT AVENUE, Toronto (Humberlea-Pelmo Park).
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.