21 METROPOLITAN ROAD, Toronto (Wexford-Maryvale)
Business For Sale · Industrial

21 METROPOLITAN ROAD, Toronto (Wexford-Maryvale)

21 METROPOLITAN ROAD, Toronto (Wexford-Maryvale), ON M1R2T3

Price on request

7,500 SF

Asset Class

Industrial

Size

7,500 SF

Building class

A

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

96%

Lot Size

7500 ac

Clear height

27 ft

Loading docks

1

About this property

Excellent opportunity to lease approximately 7,500 sq. ft. of commercial/industrial space in a prime Scarborough location. Conveniently situated near Warden Ave and Highway 401, offering excellent access to major transportation routes, the DVP, public transit and surrounding amenities. Zoned E 0.8 (Employment Industrial), allowing for a wide range of permitted employment and industrial uses. Functional and versatile space ideal for warehousing, distribution, contractors, light manufacturing, showroom and other permitted uses. Excellent location for businesses seeking convenient access throughout the GTA. Tenant and Tenant's Agent to verify zoning, permitted use and all measurements. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$84K

Annual cash flow

$775

Cash-on-cash

0.17%

DSCR

1.01

Going-in cap

5.59%

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.

Rent roll (estimated)

TenantAreaExpiry
Meridian Health Group2,179 SF2028-07
Meridian Health Group1,509 SF2028-07
Meridian Health Group1,047 SF2028-07
Meridian Health Group2,435 SF2028-07

Area demographics

Trade area within 3 miles of the property.

Population

45,830

Households

15,945

Median income

$101,000

Median age

31.8

Daytime population

73,777

5-yr growth

7%

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

Secure deal room

Confidential diligence documents for 21 METROPOLITAN ROAD, Toronto (Wexford-Maryvale).

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.