For Sale · Retail

C6 - 3101 KENNEDY ROAD, Toronto (Milliken)

C6 - 3101 KENNEDY ROAD, Toronto (Milliken), ON M1V4Y1

$899,000 total

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Asset Class

Retail

Size

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Building class

A

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

100%

About this property

Direct Sale - Not an Assignment Sale!Prime commercial retail/office unit now available for sale at Gourmet City (Kennedy & McNicoll)! Occupying a prominent central position within this newly built commercial plaza, this versatile unit offers approx. 1,194 sq. ft. of total space, featuring a 901 sq. ft. main floor and a 282 sq. ft. mezzanine with soaring 20-foot ceilings.Delivered in brand-new raw shell condition, the unit provides a blank canvas ready for your custom build-out. Ideal for a wide range of retail, professional office, medical/wellness, or service-oriented businesses (Note: Restaurant/food uses are not permitted). Conveniently located with easy public transit access and just minutes from Hwy 404 & 407-a fantastic opportunity for both end-users and investors. (id:66811)

Financial sandbox

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Estimate
Purchase price$899K
Down payment30% · $270K
Interest rate6.25%
Amortization25 years
Occupancy100%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$59K

Annual cash flow

$10K

Cash-on-cash

3.56%

DSCR

1.19

Going-in cap

6.61%

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

115,746

Households

42,678

Median income

$69,000

Median age

38.8

Daytime population

151,955

5-yr growth

3.6%

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

Secure deal room

Confidential diligence documents for C6 - 3101 KENNEDY ROAD, Toronto (Milliken).

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.