1/8201 - 489 QUEEN STREET W, Toronto (Waterfront Communities)
201 - 489 QUEEN STREET W, Toronto (Waterfront Communities), ON M5V2B4
Price on request
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Asset Class
Office
Size
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Building class
C
Zoning
CO — Commercial Office
$ / SF
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Occupancy
83%
About this property
Exceptional 2nd-floor retail/studio/office space in the heart of vibrant Queen West. Beautifully renovated while maintaining its authentic character, the space features exposed brick, abundant natural light, and upgraded HVAC, plumbing and electrical systems. A bright, versatile layout offers endless possibilities for a variety of creative, retail or professional uses. Freight elevator access at the rear provides added convenience for deliveries and operations. A unique opportunity to establish your business in one of Toronto's most dynamic and highly sought-after neighbourhoods. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$67K
Annual cash flow
$-16K
Cash-on-cash
-3.54%
DSCR
0.81
Going-in cap
4.48%
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
132,902
Households
54,086
Median income
$106,000
Median age
45.2
Daytime population
209,810
5-yr growth
1.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 201 - 489 QUEEN STREET W, Toronto (Waterfront Communities).
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.