Business For Sale · Office

2 - 64 PRINCE ANDREW PLACE, Toronto (Banbury-Don Mills)

2 - 64 PRINCE ANDREW PLACE, Toronto (Banbury-Don Mills), ON M3C2H4

Price on request

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Asset Class

Office

Size

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Building class

C

Zoning

CO — Commercial Office

$ / SF

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Occupancy

93%

About this property

Bright And Airy Space For Lease At Don Mills And Eglinton. Near Shops Of Don Mills, T.T.C., DVP, 401, and the new Don Valley Station on the Eglinton LRT line. Store-Front Type Private Direct Entry. 8 Designated Parking Spaces, Plus 15 Common Visitor Parking Spots. Suitable for many uses, in addition to Office Use: Artist Studio, Performing Arts Studio, Laboratory, Production Studio, Wholesaling Use. Full List Available. Rental rate is Gross PLUS HST and 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
Occupancy93%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$80K

Annual cash flow

$-3K

Cash-on-cash

-0.69%

DSCR

0.96

Going-in cap

5.34%

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

92,275

Households

38,973

Median income

$81,500

Median age

43.7

Daytime population

112,985

5-yr growth

8.5%

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

Secure deal room

Confidential diligence documents for 2 - 64 PRINCE ANDREW PLACE, Toronto (Banbury-Don Mills).

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.