Business For Sale · Office

203 - 45 SHEPPARD AVENUE E, Toronto (Willowdale East)

203 - 45 SHEPPARD AVENUE E, Toronto (Willowdale East), ON M2N5N1

Price on request

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Asset Class

Office

Size

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Building class

C

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

88%

About this property

Situated in a professionally maintained office building, this well-appointed 1,563 square foot office space offers an excellent opportunity for businesses seeking a convenient and functional workplace. The suite features a welcoming reception area, a large boardroom ideal for meetings and presentations, four private offices, and a kitchenette for added staff convenience. Tenants will benefit from ample surface parking as well as underground parking options for employees and visitors. Ideally located with subway and bus transit at your doorstep, this highly accessible location provides exceptional connectivity for clients and staff alike. Perfect for a variety of professional, medical, administrative, or consulting uses. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

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

134,934

Households

55,460

Median income

$108,000

Median age

34.4

Daytime population

151,736

5-yr growth

1.3%

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

Secure deal room

Confidential diligence documents for 203 - 45 SHEPPARD AVENUE E, Toronto (Willowdale East).

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.