For Sale · Retail

1116 COLLEGE STREET, Toronto (Dufferin Grove)

1116 COLLEGE STREET, Toronto (Dufferin Grove), ON M6H1B6

$2.5M total

3,390 SF

Asset Class

Retail

Size

3,390 SF

Building class

A

Zoning

CSC — Shopping Centre

$ / SF

$737

Occupancy

95%

About this property

OUR INCOME STREAMS ON COLLEGE STREET! Fully renovated 3-storey mixed-use building where Dufferin Grove meets Little Portugal & Little Italy. Two VACANT commercial units: main floor retail with prime College St frontage, plus a separate lower-level unit with its own street entrance. Set your own rents or move your business in! Above are two full-floor 3-bed, 2-bath apartments with hardwood & ensuite laundry. 2nd floor tenanted, 3rd floor vacant. 4 separate hydro meters, 400-amp service, newer boiler, roof & stucco. 2 parking spots off the rear lane, a rare find! 506 streetcar at your door, steps to Dufferin Grove Park, Dufferin Mall & Dufferin Station. Owner-operators & investors, this is the one! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.50M
Down payment30% · $750K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$12K

Projected NOI

$152K

Annual cash flow

$14K

Cash-on-cash

1.82%

DSCR

1.10

Going-in cap

6.09%

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.

Rent roll (estimated)

TenantAreaExpiry
Aurora Legal LLP2,217 SF2027-12
Aurora Legal LLP686 SF2027-11
Aurora Legal LLP400 SF2027-12
Aurora Legal LLP400 SF2027-12

Area demographics

Trade area within 3 miles of the property.

Population

129,851

Households

59,802

Median income

$78,000

Median age

40.3

Daytime population

196,288

5-yr growth

7.5%

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

Secure deal room

Confidential diligence documents for 1116 COLLEGE STREET, Toronto (Dufferin Grove).

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.