
















1/18UNIT 33 - 209 WICKSTEED AVENUE, Toronto (Leaside), ON M4G2C1
$699,000 total
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Asset Class
Office
Size
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Building class
B
Zoning
DC1 — Direct Control
$ / SF
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Occupancy
98%
Rare opportunity to acquire a turnkey commercial space in Leaside's premier business district, Wicksteed Business Park. Approximately 966 sq. ft. of versatile, clear-span ground-floor space featuring soaring 12-ft exposed ceilings, industrial spiral ductwork, linear architectural lighting and durable polished concrete floors. An adjoining unit is also available, with the option to combine Units 32 and 33 for a total of approximately 1,932 sq. ft., creating a substantially larger and highly adaptable commercial space. Currently configured as a fitness and wellness studio, the space features a renovated bathroom, private treatment room and mirrored wall. Flexible E 1.0 zoning supports a variety of potential uses, including a wellness studio, creative studio, professional offices, specialty retail, food production and other commercial applications. Ground-floor direct access and dedicated on-site surface parking provide added convenience for staff and visitors. Ideally positioned near Laird Drive, Laird Station on the Eglinton Crosstown LRT, the DVP and Highway 401, with easy access to SmartCentres Leaside, specialty cafés, fitness destinations and other neighbourhood amenities. Buyers to verify permitted use, zoning requirements and unit combination feasibility. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$43K
Annual cash flow
$5K
Cash-on-cash
2.20%
DSCR
1.12
Going-in cap
6.20%
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
41,471
Households
16,696
Median income
$119,500
Median age
34.5
Daytime population
40,004
5-yr growth
9.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for UNIT 33 - 209 WICKSTEED AVENUE, Toronto (Leaside).
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.