Business For Sale · Industrial

5701 STEELES AVENUE W, Toronto (Humber Summit)

5701 STEELES AVENUE W, Toronto (Humber Summit), ON M9L1S7

Price on request

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Asset Class

Industrial

Size

—

Building class

B

Zoning

IB — Industrial Business

$ / SF

—

Occupancy

95%

Clear height

23 ft

Loading docks

11

About this property

Excellent opportunity to sublease approximately 8,187 sq. ft. of versatile commercial space, featuring 6,433 sq. ft. of showroom and 1,754 sq. ft. of warehouse space. Functional layout ideal for a variety of retail, showroom, distribution, or storage uses. Excellent combination of prominent showroom space and practical warehouse functionality. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$83K

Annual cash flow

$-511

Cash-on-cash

-0.11%

DSCR

0.99

Going-in cap

5.51%

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

107,982

Households

48,751

Median income

$72,500

Median age

41.5

Daytime population

153,558

5-yr growth

4.3%

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

Secure deal room

Confidential diligence documents for 5701 STEELES AVENUE W, Toronto (Humber Summit).

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.