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For Lease · Office

320 - 1033 BAY STREET, Toronto (Bay Street Corridor)

320 - 1033 BAY STREET, Toronto (Bay Street Corridor), ON M5S3A5

$20 per sq ft / yr

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Asset Class

Office

Size

—

Building class

B

Zoning

CB2 — Central Business

$ / SF

—

Occupancy

85%

About this property

PRESTIGIOUS BAY STREET OFFICE 589 SQ.FT. TURNKEY & MOVE-IN READY! Bright and modern commercial condo office featuring large windows, unobstructed Bay Street views, brand-new flooring, freshly painted interiors & updated lighting. Ideal for medical, dental, wellness, law, accounting, real estate, wealth management/advisory and other professional uses.Prime Location Steps To Yorkville, U Of T, World-Class Shops & Restaurants, With 3 Subway Stations Nearby. Enjoy an exceptional building amenity package including modern conference/meeting rooms, party/event rooms, indoor pool, sauna, hot tub, fitness room, billiards & a 2-level terrace with BBQs.24/7 Concierge & Security. Underground Parking Available Separately. A rare opportunity to establish your business in a prestigious Bay Street location with a professional, polished and move-in-ready office environment. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$20
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-4.30%

DSCR

0.77

Going-in cap

4.25%

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

117,871

Households

50,553

Median income

$82,500

Median age

41.4

Daytime population

186,008

5-yr growth

8.2%

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

Secure deal room

Confidential diligence documents for 320 - 1033 BAY STREET, 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.