For Sale · Office

35 OAK STREET, Toronto (Humberlea-Pelmo Park)

35 OAK STREET, Toronto (Humberlea-Pelmo Park), ON M9N1A1

Price on request

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Asset Class

Office

Size

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Building class

B

Zoning

CB2 — Central Business

$ / SF

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Occupancy

87%

Lot Size

1877 ac

About this property

Tucked just off Weston Road in Toronto's Humberlea-Pelmo Park pocket, this ground-floor office is the kind of space that quietly checks every box. Direct frontage on Oak Street. 1,877 square feet inside come fully built out office layout with a private washroom and built in kitchenette, central air, gas heat, and sprinklers already in place. Zoning opens the door to professional offices, medical, training, financial services, and most light-employment uses. The 89 Weston bus runs around the corner, Weston GO and the new Mount Dennis Crosstown station are minutes away by car, and Pearson sits about eight minutes west. parking on site (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$72K

Annual cash flow

$-11K

Cash-on-cash

-2.40%

DSCR

0.87

Going-in cap

4.82%

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

129,977

Households

50,248

Median income

$124,000

Median age

33.7

Daytime population

120,306

5-yr growth

2.7%

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

Secure deal room

Confidential diligence documents for 35 OAK STREET, Toronto (Humberlea-Pelmo 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.