For Lease · Retail

3RD FLOOR - 116 DUNDAS STREET W, Toronto (Bay Street Corridor)

3RD FLOOR - 116 DUNDAS STREET W, Toronto (Bay Street Corridor), ON M5G1C3

Price on request

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Asset Class

Retail

Size

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Building class

A

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

84%

About this property

Prime Opportunity To Lease 3rd Floor Space In The Heart Of Downtown Toronto! Approx. 1,060 Sq. Ft. Maximum Exposure At Incredibly Busy Dundas St. W. & Bay St. Diverse Neighbourhood, Just Steps To Eaton Centre, Dundas Square, Atrium On Bay, And City Hall. Easy Access To T.T.C. Streetcar, And Walking Distance To Dundas And St. Patrick Subway Stations. $3175 Net lease + $1700 TMI/ Month + Hst and utilities. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$68K

Annual cash flow

$-15K

Cash-on-cash

-3.26%

DSCR

0.82

Going-in cap

4.56%

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

70,414

Households

33,243

Median income

$62,000

Median age

35.8

Daytime population

65,800

5-yr growth

5.5%

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

Secure deal room

Confidential diligence documents for 3RD FLOOR - 116 DUNDAS STREET W, Toronto (Bay Street Corridor).

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.