7 - 3480 MCNICOLL STREET, Toronto (Milliken)7 - 3480 MCNICOLL STREET, Toronto (Milliken) — photo 2
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For Lease · Industrial

7 - 3480 MCNICOLL STREET, Toronto (Milliken)

7 - 3480 MCNICOLL STREET, Toronto (Milliken), ON M1V5A4

$17 per sq ft / yr

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Asset Class

Industrial

Size

—

Building class

B

Zoning

IB — Industrial Business

$ / SF

—

Occupancy

87%

Clear height

20 ft

Loading docks

3

About this property

A Great small industrial Unit Available For Lease By A Well-Managed Landlord. Large Drive-In Shipping Door, Small Office And Washroom Included. No automotive allowed. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$17
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-1.41%

DSCR

0.92

Going-in cap

5.12%

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

123,443

Households

57,603

Median income

$65,500

Median age

39.7

Daytime population

148,916

5-yr growth

5.8%

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

Secure deal room

Confidential diligence documents for 7 - 3480 MCNICOLL STREET, Toronto (Milliken).

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.