For Lease · Office

351 - 4750 YONGE STREET S, Toronto (Lansing-Westgate)

351 - 4750 YONGE STREET S, Toronto (Lansing-Westgate), ON M2N0J6

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

85%

About this property

Prime Location, Bright And Spacious Office Available For Lease. Great Location, Direct Access To Underground Yonge And Sheppard Subway Station. Prestigious Office Unit In Emerald Park Galleria Building. Ample Underground Parking, Ideal For Professionals, Medical, Law, Immigration And Many More Uses. High Traffic Area. FOOD BASICS, LCBO, on second level and many Stores and Food court on main Level. Close To Highways. Very Vibrant And Busy Location. Immediate Possession Available. Extras: High Ceilings, 100 Amps Direct Access Panel, HVAC Heating And Cooling, Sanitary Drainage Rough In. Telephone And Internet Conduit. Move In Ready For Business. Tenant pays for Hydro. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$70K

Annual cash flow

$-13K

Cash-on-cash

-2.97%

DSCR

0.84

Going-in cap

4.65%

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

87,011

Households

36,927

Median income

$115,000

Median age

32.4

Daytime population

139,277

5-yr growth

6.5%

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

Secure deal room

Confidential diligence documents for 351 - 4750 YONGE STREET S, Toronto (Lansing-Westgate).

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.