For Sale · Industrial

301 DANFORTH ROAD, Toronto (Clairlea-Birchmount)

301 DANFORTH ROAD, Toronto (Clairlea-Birchmount), ON M1L3X2

$18M total

—

Asset Class

Industrial

Size

—

Building class

A

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

88%

Clear height

26 ft

Loading docks

13

About this property

Massive 2 Acre Pie Shaped Industrial Lot in Terrific South Scarborough Area! Two pins show full lot. Pin 64860009 & 64860086. Excellent spot for Self Storage Site subject to approval and many other Industrial, Commercial, Retail and Office uses. Prime Location Close To Central Toronto! 16 Ft clear height throughout, 4 drive in doors and 1 truck level door, drive in doors can be converted to truck level by removing ramp. Retail & about 5% Office in front and warehouse and automotive tenants in back of building. Large outside storage yard. Excellent Access To Central Toronto And Surrounding Employment And Commercial Centres. A Rare Opportunity To Acquire A Versatile Income-Producing Industrial Property With Excellent Future Development or End User Potential! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$18.00M
Down payment30% · $5.40M
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$83K

Projected NOI

$955K

Annual cash flow

$-43K

Cash-on-cash

-0.79%

DSCR

0.96

Going-in cap

5.30%

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

105,303

Households

49,810

Median income

$89,500

Median age

44

Daytime population

142,554

5-yr growth

6%

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

Secure deal room

Confidential diligence documents for 301 DANFORTH ROAD, Toronto (Clairlea-Birchmount).

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.