For Lease · Office

101 - 7050 WESTON ROAD, Vaughan (Steeles West Industrial)

101 - 7050 WESTON ROAD, Vaughan (Steeles West Industrial), ON L4L8G7

Price on request

7,500 SF

Asset Class

Office

Size

7,500 SF

Building class

C

Zoning

DC1 — Direct Control

$ / SF

—

Occupancy

98%

About this property

Prime Main Level Office Space For Lease, Exceptional Opportunity To Lease Approximately 7,500 sq.ft. Of Bright, Spacious Office Space Comprising Four Units. The landlord is Open to Leasing The four Individual Office Units Separately, Offering Flexibility To Accommodate A Variety Of Tenant Space Requirements. This Well-Appointed Space Features Private Offices, A Large Boardroom, Kitchen, Large Windows And an Abundance of Natural Light, Creating An Inviting And Professional Work Environment. Ideally Situated in a Highly Desirable Vaughan Location With Convenient Access To Hwy 400 & 407, Bus Service Is Available Directly At The Building, Vaughan Subway Station Just Minutes Away. Ample Surface Parking Provides Added Convenience For Staff And Visitors. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

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.

Rent roll (estimated)

TenantAreaExpiry
Summit Trades Supply2,269 SF2031-12
Summit Trades Supply5,044 SF2031-12

Area demographics

Trade area within 3 miles of the property.

Population

47,400

Households

20,541

Median income

$127,000

Median age

38.2

Daytime population

68,572

5-yr growth

1.1%

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

Secure deal room

Confidential diligence documents for 101 - 7050 WESTON ROAD, Vaughan (Steeles West Industrial).

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.