For Sale · Retail

5A - 70 FOREST MANOR ROAD, Toronto (Henry Farm)

5A - 70 FOREST MANOR ROAD, Toronto (Henry Farm), ON M2J0A9

Price on request

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Asset Class

Retail

Size

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Building class

B

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

88%

About this property

Retail unit right next to don mills subway exit. Anchored by Tim Hortons. Surrounded by thousands of condo units in the area. Hvac/handicap washroom in place and more. Best for medical/pharmacy & medical beauty salon practice. Certain type of quick service food allowed. Ample Free Tenant/Retail Parking at the back of the building. Existing tenants include: Tim Hortons/Forest Manor Dental/physiotherapy/optical store, education center and hair salon. (Prohibited use: cannabis, Vape & adult shop) (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

114,421

Households

41,167

Median income

$127,000

Median age

34.8

Daytime population

101,139

5-yr growth

6.5%

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

Secure deal room

Confidential diligence documents for 5A - 70 FOREST MANOR ROAD, Toronto (Henry Farm).

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.