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$900,000 total
—
Asset Class
Office
Size
—
Building class
C
Zoning
DC1 — Direct Control
$ / SF
—
Occupancy
89%
Beautifully renovated and fully furnished office condo at Hallmark Centre by Tridel, ideally located at Yonge & Sheppard in the heart of North York. Approximately (unit 511 766 Sq ft) (unit 510 776 Sq ft) with an efficient layout featuring reception/greeting area, private offices, meeting/open workspace, custom cabinetry and 4 workstations with monitors. Over $100,000 invested in quality renovations and leasehold improvements. Move-in ready with high-end furniture included. Direct access to subway, steps to transit, major highways, Whole Foods, Rexall, banks, restaurants and retail amenities. Ideal for professionals including lawyers, accountants, mortgage/insurance brokers, consultants, medical and education users. Excellent location and turnkey opportunity. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$4K
Projected NOI
$45K
Annual cash flow
$-5K
Cash-on-cash
-1.73%
DSCR
0.91
Going-in cap
5.02%
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.
Trade area within 3 miles of the property.
Population
119,481
Households
55,346
Median income
$100,500
Median age
45
Daytime population
199,959
5-yr growth
4.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 510-511 - 4789 YONGE STREET, Toronto (Willowdale East).
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.