For Sale · Office

UNIT #15 UPPER FLOOR - 1415 KENNEDY ROAD, Toronto (Dorset Park)

UNIT #15 UPPER FLOOR - 1415 KENNEDY ROAD, Toronto (Dorset Park), ON M1P2L6

Price on request

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Asset Class

Office

Size

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Building class

A

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

95%

About this property

"Spacious" 430 Sqft Office On The Second Floor At A Busy Area. Bright With Lots Of Windows, Private Washroom On Second Floor. Own Entrance. Close To Hwy 401, Practical Layout. Can Be Used For All Kinds Of Professional Businesses/Service, Law Office, Immigration Consulting Services, Medical Uses, Etc . Recently Updated Office. Gross Monthly Rent Of $1800.00 + Hst Includes Utilities (Normal Office Use). Ample Parking In Plaza. No Food, Tutoring Uses. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$83K

Annual cash flow

$-511

Cash-on-cash

-0.11%

DSCR

0.99

Going-in cap

5.51%

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

66,441

Households

23,713

Median income

$108,000

Median age

36.1

Daytime population

62,905

5-yr growth

7.1%

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

Secure deal room

Confidential diligence documents for UNIT #15 UPPER FLOOR - 1415 KENNEDY ROAD, Toronto (Dorset Park).

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.