Business For Sale · Office

103 - 30 KERN ROAD, Toronto (Banbury-Don Mills)

103 - 30 KERN ROAD, Toronto (Banbury-Don Mills), ON M3B1T1

Price on request

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Asset Class

Office

Size

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Building class

B

Zoning

CO — Commercial Office

$ / SF

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Occupancy

96%

About this property

Professional office space with high-quality finishes, abundant natural light, and ample free surface parking. The space features four large private offices/meeting rooms, a brand-new kitchenette, reception area, and a convenient double-door entrance. Located in a professional office building with a variety of amenities nearby, including restaurants, cafés, fitness facilities, and banking. Excellent accessibility with easy access to Highways 401 and 404 and Sheppard Subway Station, with convenient in-and-out access. Ideal for a small professional business and move-in ready. Gross rent includes hydro and utilities. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$84K

Annual cash flow

$775

Cash-on-cash

0.17%

DSCR

1.01

Going-in cap

5.59%

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

138,424

Households

65,694

Median income

$64,500

Median age

38.5

Daytime population

208,231

5-yr growth

6.7%

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

Secure deal room

Confidential diligence documents for 103 - 30 KERN ROAD, Toronto (Banbury-Don Mills).

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.