Business For Sale · Office

B100 - 1501 ELLESMERE ROAD, Toronto (Bendale)

B100 - 1501 ELLESMERE ROAD, Toronto (Bendale), ON M1P4T6

Price on request

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Asset Class

Office

Size

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Building class

C

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

93%

About this property

Prime professional office space available in a well-maintained building at Brimley andEllesmere. Features include renovated upper and lower-level suites, very bright, ample surfaceparking, and convenient access to Highway 401 and public transit. Flexible zoning accommodatesa variety of uses. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$80K

Annual cash flow

$-3K

Cash-on-cash

-0.69%

DSCR

0.96

Going-in cap

5.34%

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

144,630

Households

63,611

Median income

$98,000

Median age

45.2

Daytime population

228,013

5-yr growth

4.5%

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

Secure deal room

Confidential diligence documents for B100 - 1501 ELLESMERE ROAD, Toronto (Bendale).

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.