For Sale · Retail

1346 KENNEDY ROAD, Toronto (Dorset Park)

1346 KENNEDY ROAD, Toronto (Dorset Park), ON M1P2L7

$1.1M total

—

Asset Class

Retail

Size

—

Building class

B

Zoning

CNC — Neighbourhood Commercial

$ / SF

—

Occupancy

93%

About this property

Opportunity Knocks ** Newly Renovated ** Brand New Appliances ** Busy Kennedy Shopping Strip With Prime Visibility & Great Exposure ** One Of The Large Unit In The Plaza ** The Upper Level Offers A Massive 2 Bedroom Residential Apartment With High Smooth Ceilings, Large Windows ** Extremely High Traffic location ** Mins To Hwy 401 And Walking Distance To Subway Station. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.15M
Down payment30% · $345K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$5K

Projected NOI

$75K

Annual cash flow

$11K

Cash-on-cash

3.24%

DSCR

1.18

Going-in cap

6.51%

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

98,210

Households

44,956

Median income

$93,000

Median age

44.8

Daytime population

147,776

5-yr growth

7.8%

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

Secure deal room

Confidential diligence documents for 1346 KENNEDY ROAD, Toronto (Dorset Park).

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.