Business For Sale · Office

1/203 & 204 - 421 NUGGET AVENUE, Toronto (Agincourt South-Malvern West)

1/203 & 204 - 421 NUGGET AVENUE, Toronto (Agincourt South-Malvern West), ON M1S4L8

Price on request

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Asset Class

Office

Size

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Building class

B

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

88%

About this property

Amazing Location With Excellent Exposure On Nugget Ave, Just Off Markham Road! Three Private Executive Offices Available - Each Approximately 100 Sq. Ft., Ideal For Professional Use Such As Lawyers, Paralegals, Mortgage Brokers, Realtors, Accountants, Medical, Travel, And More. Bright And Spacious With Large Windows Facing Nugget, Perfect For Signage And Advertising. Includes A Shared Kitchenette And Full Washroom. Convenient Location Close To Scarborough Business District, Toronto Court Services, Nugget Mosque, Professional Print Shops, TTC, And Hwy 401. Rent One Office Or Get A Great Deal On All Three Together! Flexible Options To Suit Many Business Types. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$74K

Annual cash flow

$-10K

Cash-on-cash

-2.11%

DSCR

0.89

Going-in cap

4.91%

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

48,961

Households

18,402

Median income

$97,500

Median age

44.4

Daytime population

80,241

5-yr growth

3.2%

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

Secure deal room

Confidential diligence documents for 1/203 & 204 - 421 NUGGET AVENUE, Toronto (Agincourt South-Malvern West).

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.