Business For Sale · Land

2780 KENNEDY ROAD, Toronto (L'Amoreaux)

2780 KENNEDY ROAD, Toronto (L'Amoreaux), ON M1T3J2

$3.5M total

—

Asset Class

Land

Size

—

Building class

B

Zoning

UR — Urban Reserve

$ / SF

—

Occupancy

90%

Lot Size

0.49 ac

About this property

Amazing 5,007 SF Prime Retail plaza with 4 fully leased units and ample parking on 0.49 Acres. Located at the busy intersection of Kennedy Rdand Finch Ave. E.. This property has a mixed-use development opportunity being within steps to the future Finch-Kennedy GO Train Station withstrong holding income. Information package and details available (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$3.49M
Down payment30% · $1.05M
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$16K

Projected NOI

$148K

Annual cash flow

$-45K

Cash-on-cash

-4.33%

DSCR

0.77

Going-in cap

4.24%

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

131,959

Households

54,388

Median income

$75,500

Median age

37.9

Daytime population

160,051

5-yr growth

9.1%

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

Secure deal room

Confidential diligence documents for 2780 KENNEDY ROAD, Toronto (L'Amoreaux).

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.