Business For Sale · Office

709 - 4789 YONGE STREET, Toronto (Willowdale East)

709 - 4789 YONGE STREET, Toronto (Willowdale East), ON M2N0G3

Price on request

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Asset Class

Office

Size

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Building class

B

Zoning

CO — Commercial Office

$ / SF

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Occupancy

89%

About this property

Prime Yonge Street office opportunity at Hullmark Centre, offering a fully furnished professional and well-appointed space in a highly desirable North York business district. The unit features extensive improvements, including custom millwork and glass partitions, creating a polished and functional office environment with a reception area, private offices, meeting rooms, dedicated server/storage space, and kitchenette. Excellent access to the Yonge subway line and convenient connectivity to Highway 401, with an abundance of shops, restaurants, cafés and amenities nearby. Ideal for law firms, accounting practices, consulting businesses, medical professionals, or a variety of other professional office uses. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$75K

Annual cash flow

$-8K

Cash-on-cash

-1.83%

DSCR

0.90

Going-in cap

4.99%

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

97,603

Households

34,830

Median income

$64,500

Median age

40.1

Daytime population

105,003

5-yr growth

5.5%

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

Secure deal room

Confidential diligence documents for 709 - 4789 YONGE STREET, Toronto (Willowdale 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.