For Sale · Industrial

30 - 1772 ALBION ROAD, Toronto (West Humber-Clairville)

30 - 1772 ALBION ROAD, Toronto (West Humber-Clairville), ON M9V1C2

$669,900 total

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Asset Class

Industrial

Size

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Building class

B

Zoning

IB — Industrial Business

$ / SF

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Occupancy

96%

Clear height

22 ft

Loading docks

10

About this property

An Excellent Opportunity to Own a Commercial Unit for Your Own Business! Ideal for an Auto Body Shop or Auto Repair Business. Strategically Located in a High-Density Residential and Commercial Neighbourhood, Close to Highways 27, 427, 407, 409 and 401. Conveniently Situated Near Humber College, Hospital, Pearson International Airport, Retail Plazas and Other Amenities. Walking Distance to Public Transit and Nearby Retail Shops. An Excellent Opportunity for Business Owners and Investors Seeking a Prime Location with Easy Highway Access and a Strong Surrounding Community. (id:66811)

Financial sandbox

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Estimate
Purchase price$670K
Down payment30% · $201K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$33K

Annual cash flow

$-4K

Cash-on-cash

-1.99%

DSCR

0.89

Going-in cap

4.94%

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

68,073

Households

28,187

Median income

$111,000

Median age

36.6

Daytime population

66,707

5-yr growth

6.3%

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

Secure deal room

Confidential diligence documents for 30 - 1772 ALBION ROAD, Toronto (West Humber-Clairville).

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.