For Lease · Retail

228 MAVETY STREET, Toronto (Junction Area)

228 MAVETY STREET, Toronto (Junction Area), ON M6P2M2

$44 per sq ft / yr

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Asset Class

Retail

Size

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Building class

B

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

98%

About this property

Excellent commercial opportunity in the heart of Toronto's vibrant Junction neighbourhood. 228 Mavety Street offers a well-positioned storefront just steps from Dundas Street West, surrounded by established retailers, restaurants, residential communities and neighbourhood amenities. The property benefits from a highly walkable location with convenient access to public transit and major Toronto thoroughfares. An excellent opportunity for a business looking to establish a presence in one of Toronto's most established and sought-after west-end neighbourhoods. Taxes: $5.10 PSF (property taxes only); The lease structure here is semi-gross, CAM & Building Insurance are incorporated into the rent. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$44
Down payment30% · $13
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$3

Annual cash flow

$0

Cash-on-cash

3.46%

DSCR

1.19

Going-in cap

6.58%

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

90,529

Households

33,152

Median income

$92,000

Median age

42.8

Daytime population

111,825

5-yr growth

2.6%

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

Secure deal room

Confidential diligence documents for 228 MAVETY STREET, Toronto (Junction Area).

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.