Business For Sale · Office

301, 302, 303 - 4789 YONGE STREET, Toronto (Willowdale East)

301, 302, 303 - 4789 YONGE STREET, Toronto (Willowdale East), ON M2N5M5

Price on request

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Asset Class

Office

Size

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Building class

C

Zoning

CO — Commercial Office

$ / SF

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Occupancy

97%

About this property

Exceptional Furnished Office Opportunity at Hullmark Centre - 4789 Yonge St! Three contiguous office units offering a sophisticated, high-end professional office environment in one of North York's most prestigious and sought-after business locations. Beautifully built out and furnished, providing an ideal turnkey opportunity for professional and corporate users. Excellent layout with multiple private offices, meeting/conference areas and functional workspaces. Located directly at Subway Station, providing exceptional TTC accessibility and convenience for staff and clients. Surrounded by major financial institutions, professional services, medical and retail amenities, restaurants and established AAA tenants. Excellent opportunity for lawyers, accountants, consultants, real estate professionals, doctors, healthcare practitioners, technology companies and other professional office users, subject to permitted uses and zoning. Furniture included. A rare opportunity to establish your business in a prestigious, transit-connected Yonge Street location. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$85K

Annual cash flow

$2K

Cash-on-cash

0.46%

DSCR

1.02

Going-in cap

5.68%

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

135,554

Households

51,554

Median income

$79,000

Median age

43.3

Daytime population

221,056

5-yr growth

1.6%

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

Secure deal room

Confidential diligence documents for 301, 302, 303 - 4789 YONGE STREET, Toronto (Willowdale East).

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.