For Sale · Industrial

13 - 1040 MARTIN GROVE ROAD, Toronto (West Humber-Clairville)

13 - 1040 MARTIN GROVE ROAD, Toronto (West Humber-Clairville), ON M9W4W4

$1.4M total

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Asset Class

Industrial

Size

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Building class

B

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

96%

Clear height

35 ft

Loading docks

10

About this property

This spacious 2,912 sq. ft. industrial unit features a drive-in door and is situated within the Employment Industrial (E1) zone, permitting a wide variety of uses. Ideally located with convenient access to Highways 401 and 409 and just minutes from Toronto Pearson International Airport. Industrial units in this sought-after location are highly desirable among owner-users and investors alike, offering exceptional versatility and functionality. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.35M
Down payment30% · $405K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$76K

Annual cash flow

$960

Cash-on-cash

0.24%

DSCR

1.01

Going-in cap

5.61%

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

141,172

Households

60,916

Median income

$90,500

Median age

42.3

Daytime population

124,213

5-yr growth

2%

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

Secure deal room

Confidential diligence documents for 13 - 1040 MARTIN GROVE ROAD, Toronto (West Humber-Clairville).

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.