Business For Sale · Office

321 - 996 MARTIN GROVE ROAD, Toronto (West Humber-Clairville)

321 - 996 MARTIN GROVE ROAD, Toronto (West Humber-Clairville), ON M9W1J1

Price on request

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Asset Class

Office

Size

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Building class

B

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

94%

About this property

Exceptional Opportunity to Lease a Brand-New Office Space in Regal Plaza Discover a rare chance to lease a brand-new, never-occupied office unit in the prestigious Regal Plaza, conveniently located just minutes from Toronto Pearson International Airport. This modern, high-end commercial development offers a prime location with easy access to Highways 401, 409, and 427, and is only steps away from the Toronto Congress Centre. Position your business in a thriving commercial hub that combines contemporary architecture, a professional atmosphere, and excellent visibility. This bright 931 sq. ft. corner unit features expansive windows and is offered in shell condition, ready for your custom layout and design. Zoned EO 1.5 (E1.5;O1.5), the space is ideally suited for a wide range of professional uses, including medical, legal, tech, and financial services. Regal Plaza comprises 105 upscale office units and 9 street-level retail spaces, forming part of a rapidly growing business district with exceptional potential. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$81K

Annual cash flow

$-2K

Cash-on-cash

-0.40%

DSCR

0.98

Going-in cap

5.42%

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

128,610

Households

55,429

Median income

$73,500

Median age

39.5

Daytime population

174,122

5-yr growth

1.2%

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

Secure deal room

Confidential diligence documents for 321 - 996 MARTIN GROVE ROAD, Toronto (West Humber-Clairville).

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.