Business For Sale · Office

307 - 1670 BAYVIEW AVENUE, Toronto (Mount Pleasant East)

307 - 1670 BAYVIEW AVENUE, Toronto (Mount Pleasant East), ON M4G3C2

Price on request

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Asset Class

Office

Size

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Building class

A

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

90%

About this property

Incredible Location For Your Business! Situated Northeast Of Downtown Toronto And Located In One Of Toronto's Most Popular Neighbourhoods, Leaside. Modern Low-Rise Office Tower That Is Home To The Bank Of Montreal And Offers Medical And Professional Office Space. 5 Minute Walk To The Future Leaside Station On The Eglinton Crosstown Lrt Line. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$76K

Annual cash flow

$-7K

Cash-on-cash

-1.54%

DSCR

0.92

Going-in cap

5.08%

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

94,029

Households

37,056

Median income

$88,500

Median age

43.4

Daytime population

138,491

5-yr growth

3.8%

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

Secure deal room

Confidential diligence documents for 307 - 1670 BAYVIEW AVENUE, Toronto (Mount Pleasant East).

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.