For Sale · Industrial

1 - 525 MILNER AVENUE, Toronto (Malvern)

1 - 525 MILNER AVENUE, Toronto (Malvern), ON M1B2K4

$1.9M total

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Asset Class

Industrial

Size

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Building class

B

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

85%

Clear height

33 ft

Loading docks

6

About this property

Rare corner unit in well maintained complex with with immediate access to HWY 401. Ample parking. Approximately 87% professional finished offices with 2 washrooms and kitchenette. Recently reduced condo fees. Floor plan available. 100% a/c. TTC at door. Lots of room for shipping, 53 ft trailer access to be confirmed by Purchaser. Food or retail uses to obtain written consent of the board. Potential for 20% retail must meet certain conditions. Purchasers to do their own due diligence regarding their intended use. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.88M
Down payment30% · $564K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$9K

Projected NOI

$75K

Annual cash flow

$-29K

Cash-on-cash

-5.10%

DSCR

0.72

Going-in cap

4.01%

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

123,790

Households

56,853

Median income

$95,000

Median age

44.5

Daytime population

123,546

5-yr growth

8.2%

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

Secure deal room

Confidential diligence documents for 1 - 525 MILNER AVENUE, Toronto (Malvern).

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.