For Lease · Office

204 - 1550 BIRCHMOUNT ROAD, Toronto (Clairlea-Birchmount)

204 - 1550 BIRCHMOUNT ROAD, Toronto (Clairlea-Birchmount), ON M1P2H1

$15 per sq ft / yr

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Asset Class

Office

Size

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Building class

A

Zoning

CO — Commercial Office

$ / SF

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Occupancy

96%

About this property

A turn-key professionally finished Class "A" office spaces now available.Easy acces to Highways. On site property management company, security.This suite is completely built out with reception area, numerous private offices, meeting rooms staff room and open office ( shared spaces). there is suite # 203 which is 2,307 sf also available and finally you can combine all 3 suites for total of 7,080 sf. Your choices are many. **EXTRAS** Each suite has its own HVAC system and 2 piece washroom, elevator access. parking for Tenant per vechicle is $ 75 and visitor parkin (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$15
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

2.86%

DSCR

1.15

Going-in cap

6.40%

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

74,669

Households

26,539

Median income

$85,500

Median age

41.8

Daytime population

111,404

5-yr growth

2.5%

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

Secure deal room

Confidential diligence documents for 204 - 1550 BIRCHMOUNT ROAD, Toronto (Clairlea-Birchmount).

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.