1/7417 - 996 MARTIN GROVE ROAD, Toronto (West Humber-Clairville)
417 - 996 MARTIN GROVE ROAD, Toronto (West Humber-Clairville), ON M9W0G6
$530,000 total
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Asset Class
Office
Size
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Building class
A
Zoning
CO — Commercial Office
$ / SF
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Occupancy
83%
About this property
REGAL PLAZA Ideally located minutes from Toronto Pearson Airport, the Toronto Congress Centre, Highways 401, 409 and 427, shopping, dining, public transit and major employment hubs. This brand-new 816 sq. ft. gross commercial office unit is situated in Toronto's growing Airport East business corridor is offered in shell condition. May be combined with adjacent Unit 418 (721 sq. ft.) for a total of 1,537 sq. ft. Bright, flexible space ideal for professional users or investors, with potential for a kitchenette and rough-in for a three-piece washroom. Located within a premier mixed-use development featuring office and retail uses and Staybridge Suites by Holiday Inn. Includes one underground parking space at no additional cost, ample visitor parking, separate metering and low maintenance fees. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$26K
Annual cash flow
$-3K
Cash-on-cash
-2.15%
DSCR
0.88
Going-in cap
4.90%
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
78,693
Households
28,041
Median income
$133,000
Median age
37.2
Daytime population
88,570
5-yr growth
6.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 417 - 996 MARTIN GROVE ROAD, Toronto (West Humber-Clairville).
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.