1/7216 - 50 SILVER STAR BOULEVARD, Toronto (Milliken)
216 - 50 SILVER STAR BOULEVARD, Toronto (Milliken), ON M1V4W3
Price on request
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Asset Class
Industrial
Size
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Building class
A
Zoning
IB — Industrial Business
$ / SF
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Occupancy
88%
Clear height
24 ft
Loading docks
13
About this property
Rare opportunity to lease a boutique-sized industrial unit of approximately 735 sq. ft., ideal for businesses seeking a smaller and efficient commercial/industrial footprint. The front approximately 35% of the unit features a renovated reception area, private office, and private washroom. The remaining space offers an open warehouse area with a commercial man-door at the rear for convenient loading access. Located in a well-established commercial plaza in Scarborough's desirable Midland/Finch area, with ample surface parking available. Suitable for a variety of commercial and industrial uses. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
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.
Area demographics
Trade area within 3 miles of the property.
Population
54,726
Households
21,925
Median income
$122,000
Median age
36.5
Daytime population
79,159
5-yr growth
7.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 216 - 50 SILVER STAR BOULEVARD, Toronto (Milliken).
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.