Business For Sale · Industrial

2 - 3 CARLAW AVENUE, Toronto (South Riverdale)

2 - 3 CARLAW AVENUE, Toronto (South Riverdale), ON M4M2R6

Price on request

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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

92%

Clear height

35 ft

Loading docks

13

About this property

Warehouse / office space in a small plaza in prime downtown east commercial area the studio district, practical layout, ,closed by highway & public transit, dense population, high trac flow, good exposure, suitable for many uses. TMI & utilities extra. Tenant is responsible for utilities (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$79K

Annual cash flow

$-4K

Cash-on-cash

-0.97%

DSCR

0.95

Going-in cap

5.25%

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

45,247

Households

17,507

Median income

$106,000

Median age

35.4

Daytime population

55,394

5-yr growth

7.2%

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

Secure deal room

Confidential diligence documents for 2 - 3 CARLAW AVENUE, Toronto (South Riverdale).

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.