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Price on request
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Asset Class
Office
Size
—
Building class
A
Zoning
DC1 — Direct Control
$ / SF
—
Occupancy
98%
Rare opportunity to lease approximately 14,000 sq. ft. of renovated office/retail space plus an additional 2,000 sq. ft. mezzanine. The space features high ceilings, including approximately 50% of the premises with impressive 30-ft. ceilings, a newly renovated modern kitchen, two boardrooms, five washrooms, a shower, and direct access to an exceptional approximately 10,000 sq. ft. private courtyard. The expansive layout offers excellent flexibility for a variety of commercial uses, including professional office, furniture showroom, restaurant, recreational uses, or potentially pickleball courts, subject to zoning and approvals. The large outdoor courtyard provides an excellent opportunity for businesses seeking additional outdoor space and could be ideal for restaurant seating, events, or customer amenities. Parking is available through a Green P parking lot with approximately 22 spaces, with ample additional parking available next door to the west. Flexible unit sizes are available, including approximately 2,000, 4,000, 10,000, 20,000 and 30,000 sq. ft., subject to availability. A rare opportunity to secure a large, flexible commercial footprint with valuable outdoor space and convenient parking. Uses are subject to zoning and municipal approvals. Information is provided for general reference only and should be independently verified by prospective tenants. Space is offered on an "as is, where is" basis. (id:66811)
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Monthly debt service
$7K
Projected NOI
$86K
Annual cash flow
$3K
Cash-on-cash
0.74%
DSCR
1.04
Going-in cap
5.76%
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
143,305
Households
49,950
Median income
$91,000
Median age
42.9
Daytime population
237,874
5-yr growth
1.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for E - 381 RICHMOND STREET E, Toronto (Moss Park).
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.