For Sale · Office

406 - 30 DREWRY AVENUE, Toronto (Newtonbrook West)

406 - 30 DREWRY AVENUE, Toronto (Newtonbrook West), ON M2M4C4

Price on request

—

Asset Class

Office

Size

—

Building class

A

Zoning

CO — Commercial Office

$ / SF

—

Occupancy

83%

About this property

YONGE & FINCH!! Gross Rent Including Utilities & Internet! 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! 40 Common Parking Spaces, Move In Ready! 40 Common 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
Occupancy83%
Expense growth2.5%

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

116,829

Households

53,304

Median income

$121,500

Median age

32.2

Daytime population

103,555

5-yr growth

1.5%

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

Secure deal room

Confidential diligence documents for 406 - 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.