Business For Sale · Office

3 - 855 KINGSTON ROAD, Toronto (The Beaches)

3 - 855 KINGSTON ROAD, Toronto (The Beaches), ON M4E1R9

Price on request

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Asset Class

Office

Size

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Building class

C

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

99%

About this property

8.5' x 11.5' private office available for lease individually or in any combination, in a shared professional office setting in the heart of Kingston Rd Village in the Upper Beaches. Suitable for a variety of professional, office and service based uses. Excellent location with high visibility and foot traffic, with Beach Health as a tenant above and the YMCA directly across the street. Shared waiting area, kitchen and bathroom. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$88K

Annual cash flow

$5K

Cash-on-cash

1.03%

DSCR

1.06

Going-in cap

5.85%

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

130,306

Households

52,719

Median income

$70,000

Median age

40.3

Daytime population

204,222

5-yr growth

4.8%

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

Secure deal room

Confidential diligence documents for 3 - 855 KINGSTON ROAD, Toronto (The Beaches).

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.