





1/7UPPER UNIT - 2621 EGLINTON AVENUE E, Toronto (Eglinton East), ON M1K2S2
Price on request
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Asset Class
Office
Size
—
Building class
A
Zoning
CO — Commercial Office
$ / SF
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Occupancy
88%
Welcome to 2621 Eglinton Ave E. Highly Visible upper floor unit with large front windows facing Eglinton Ave E and the plaza parking. Great signage exposure to everyone coming into the plaza - a bright 1,035 sq ft (15 ft x 69 ft) at $2,500/month, plus utilities. Tenant pays own hydro, plus 1/3 of gas and water. Located on the second floor above a dental office, accessed by stairs. Open-plan space with large front windows, excellent natural light and 2washrooms, ready for you to finish to suit your business. The landlord welcomes a wide range of businesses, including general and professional office, immigration and consulting, wellness and therapeutic services, hair salon, studio, or retail store, subject to zoning. Offered as is and unfinished, with free rent to help with fit-up: 1 month free on a l-year lease, 1-2months free on a 2-year lease, 2 months free on a 3-year lease, and 3 months free on a 5-yearlease. Free rent is base rent only, at the start. Tenant build-out with the landlord's prior written approval. A flexible, well-priced opportunity on Eglinton Ave E - bring your vision and make it your own. Located on busy Eglinton Ave E, minutes from Kennedy Station. TTC bus Stop steps away at Eglinton Ave E and Gilder Dr, and Kennedy Station is about a 9 min walk. Plenty of plaza parking at the front, plus 1 exclusive parking spot at the rear and a rear exit. Tenant signage permitted on the beige sign band above the front windows and on the window glass. Zoning: Commercial - CRO.25(c0.25;r0.12)*680, subject to City confirmation. (id:66811)
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Monthly debt service
$7K
Projected NOI
$74K
Annual cash flow
$-10K
Cash-on-cash
-2.11%
DSCR
0.89
Going-in cap
4.91%
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.
Trade area within 3 miles of the property.
Population
65,423
Households
22,937
Median income
$129,500
Median age
38.5
Daytime population
70,863
5-yr growth
7.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for UPPER UNIT - 2621 EGLINTON AVENUE E, Toronto (Eglinton East).
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.