Business For Sale · Office

306 - 4789 YONGE STREET, Toronto (Willowdale East)

306 - 4789 YONGE STREET, Toronto (Willowdale East), ON M2N5M5

Price on request

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Asset Class

Office

Size

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Building class

C

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

100%

About this property

AAA Office By Tridel! Located in a prestigious building with a grand lobby and concierge service, ample underground public parking, and direct access to the subway station. Minutes from Highway 401 and steps to shops, restaurants, and all other amenities. Excellent for lawyers, accountants, dentists, physicians, financial and insurance professionals, and other professional office users." (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy100%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$89K

Annual cash flow

$6K

Cash-on-cash

1.31%

DSCR

1.07

Going-in cap

5.94%

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

52,500

Households

21,348

Median income

$87,000

Median age

41.6

Daytime population

49,562

5-yr growth

1.9%

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

Secure deal room

Confidential diligence documents for 306 - 4789 YONGE STREET, Toronto (Willowdale East).

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.