Business For Sale · Industrial

30 PROGRESS AVENUE, Toronto (Dorset Park)

30 PROGRESS AVENUE, Toronto (Dorset Park), ON M1P2Y4

Price on request

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Asset Class

Industrial

Size

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Building class

B

Zoning

IL — Light Industrial

$ / SF

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Occupancy

85%

Clear height

23 ft

Loading docks

12

About this property

WELCOME TO 30 PROCESS AVENUE OFFERING EXCEPTIONAL EXPOSURE ALONG ONE OF TORONTO MOST ACCESSIBLE BUSINESS CORRIDORS THIS WELL MAINTAINED PROPERTY FEATURES MODERN EXTERIOR FINISHES, AMPLE ON SITE PARKING AND DIREST STREET ACCESS THE PROPERTY PROVIDED FLEXIBLE AND FUNCTIONAL SPACE SUITABLE USE INCLUDING OFFICE INSTITUTIONAL COMES WITH 2 WASHROOM FEMALE AND MALE FULLY UPGRADED WITH SIGNIFICANT INVESTMENT IN BOTH INTERIOR AND EXTERIOR IMPORVEMENTS THIS MOVE IN READY BUILDING IS IDEAL FOR WAREHOUSE MANUFACTURING OFFICE, PLACE OF WORSHIP SHOWROOM IN HIGH VISIBLITY LOCATION MINUTES FROM 401 DVP SCARBOROUGH TOWN CENTRE AND TTC AT DOORSTEPS. COME AND CHECK LOTS OF PARKING SPACE. NEW RENOVATED, TURN KEY OPERATION. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$70K

Annual cash flow

$-13K

Cash-on-cash

-2.97%

DSCR

0.84

Going-in cap

4.65%

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

46,045

Households

17,127

Median income

$130,500

Median age

33.8

Daytime population

45,023

5-yr growth

8.2%

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

Secure deal room

Confidential diligence documents for 30 PROGRESS AVENUE, Toronto (Dorset Park).

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.