For Sale · Office

405 - 996 MARTIN GROVE ROAD, Toronto (West Humber-Clairville)

405 - 996 MARTIN GROVE ROAD, Toronto (West Humber-Clairville), ON M9W4V8

Price on request

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Asset Class

Office

Size

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Building class

C

Zoning

CB2 — Central Business

$ / SF

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Occupancy

82%

About this property

Introducing a premium, modern commercial opportunity at Regal Plaza, ideally located just minutes from Toronto Pearson International Airport. This contemporary business hub offers high-end office and retail spaces with excellent connectivity to the Toronto Congress Centre and major highways, including 401, 409, and 427.The development features 8 ground-floor retail units and 105 office spaces, thoughtfully designed to meet the needs of today's dynamic businesses. Located in a rapidly growing and revitalized area, Regal Plaza offers exceptional potential for both investors and end-users.This unit offers approximately 661 sq. ft. of well-designed office space, situated on one of the top floors with excellent views. The unit includes 1 underground parking space, currently Avilable for extra $400/month if needed , plus ample complimentary visitor parking.An excellent opportunity to establish your business or add a premium commercial asset to your investment portfolio. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$66K

Annual cash flow

$-17K

Cash-on-cash

-3.83%

DSCR

0.79

Going-in cap

4.39%

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

145,959

Households

58,404

Median income

$72,500

Median age

39.4

Daytime population

213,478

5-yr growth

0.7%

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

Secure deal room

Confidential diligence documents for 405 - 996 MARTIN GROVE ROAD, Toronto (West Humber-Clairville).

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.