For Sale · Office

502 - 30 DREWRY AVENUE, Toronto (Newtonbrook West)

502 - 30 DREWRY AVENUE, Toronto (Newtonbrook West), ON M2M4C4

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

88%

About this property

YONGE & FINCH!! Gross Rent Including Utilities & Internet! FURNISHED! Rider's Paradise-92 Transit Score-3 Minutes To Finch TTC Subway Station & Coming Soon Yonge Subway Extension & Finch LRT!! CR1 Zoning With Loads Of Permitted Uses Including Educational, Financial, Medical Office, Massage, Pet Services & Much More! Drewry Bus Stop At Your Door Step, Easy Access To York Region Transit System, Steps To Restaurants On Yonge St, Minutes To Centerpoint Mall & Highway 401! Common Parking Spaces, Move In Ready! Above & Below Ground Parking Available (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$74K

Annual cash flow

$-10K

Cash-on-cash

-2.11%

DSCR

0.89

Going-in cap

4.91%

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

47,475

Households

20,159

Median income

$130,500

Median age

38.7

Daytime population

52,040

5-yr growth

8.6%

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

Secure deal room

Confidential diligence documents for 502 - 30 DREWRY AVENUE, Toronto (Newtonbrook West).

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.