Business For Sale · Office

608 - 220 DUNCAN MILL ROAD, Toronto (St. Andrew-Windfields)

608 - 220 DUNCAN MILL ROAD, Toronto (St. Andrew-Windfields), ON M3B3J5

$379,000 total

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Asset Class

Office

Size

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Building class

A

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

94%

About this property

Welcome to 220 Duncan Mill Rd, Unit 608 - a fully renovated turn key office suite located at York Mills & Don Mills Rd, with excellent access to Hwy 401 and the DVP. Professionally designed and renovated in 2022, this office was transformed by a dedicated design team and contractors. The quality of the renovation is showcased throughout the office creating a polished turn key space. The office is approximately 836 sq feet and features a reception area, office, large open workspace, and expansive windows that provides an abundance of natural light and views of the ravine. Includes 1 underground parking space at spot #6. Enjoy access to 2 boardroom spaces for hosting larger meetings and a convenient pantry on each floor. This professionally managed building is suitable for a variety of professional uses. Maintenance fees include - water, hydro, heat, common elements, A/C, building insurance and garbage removal. Furniture and accessories are negotiable. Convenient access to the DVP, Hwy 401, TTC and nearby amenities. (id:66811)

Financial sandbox

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Estimate
Purchase price$379K
Down payment30% · $114K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$25K

Annual cash flow

$4K

Cash-on-cash

3.55%

DSCR

1.19

Going-in cap

6.61%

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

138,197

Households

48,026

Median income

$92,500

Median age

41.3

Daytime population

194,971

5-yr growth

8.7%

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

Secure deal room

Confidential diligence documents for 608 - 220 DUNCAN MILL ROAD, Toronto (St. Andrew-Windfields).

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.