















1/17UNIT 32 & 33 - 209 WICKSTEED AVENUE, Toronto (Leaside), ON M4G2C1
$1.4M total
—
Asset Class
Office
Size
—
Building class
C
Zoning
CB2 — Central Business
$ / SF
—
Occupancy
94%
Design and build the ultimate commercial space to meet your needs - this is a rare opportunity to acquire approximately 1,932 sq. ft. of versatile space in Leaside's premier commercial business district, Wicksteed Business Park. Combining Units 32 and 33, this expansive ground-floor space offers a flexible, thoughtfully configured layout featuring two separate front entrance doors, soaring 12-ft exposed ceilings, industrial spiral ductwork, linear architectural lighting and durable polished concrete floors. The space offers an inviting open-concept area, multiple private workspaces and/or treatment rooms, two washrooms, including a renovated bathroom, and a mirrored wall. Flexible E 1.0 zoning supports a variety of potential uses, including wellness and fitness studios, medical and professional offices, creative studios, specialty retail, food production and other commercial applications. Ground-floor direct access and dedicated on-site surface parking provide added convenience for staff and visitors. Ideally positioned near Laird Drive, Laird Station on the Eglinton Crosstown LRT, the DVP and Highway 401, with easy access to SmartCentres Leaside, specialty cafés, fitness destinations and other neighbourhood amenities. An exceptional opportunity to secure a substantial, adaptable commercial footprint in a highly marketable Leaside location. Buyers to verify permitted use and zoning requirements. This is a build-to-suit opportunity, buyers must combine units 32 and 33 as per condo board rules and regulations. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$6K
Projected NOI
$92K
Annual cash flow
$15K
Cash-on-cash
3.52%
DSCR
1.19
Going-in cap
6.60%
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.
Trade area within 3 miles of the property.
Population
100,332
Households
40,998
Median income
$87,000
Median age
44.4
Daytime population
133,152
5-yr growth
1.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for UNIT 32 & 33 - 209 WICKSTEED AVENUE, Toronto (Leaside).
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.