For Lease · Retail

410 - 996 MARTIN GROVE ROAD, Toronto (West Humber-Clairville)

410 - 996 MARTIN GROVE ROAD, Toronto (West Humber-Clairville), ON M9W4V8

$679,000 per sq ft / yr

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Asset Class

Retail

Size

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Building class

B

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

98%

About this property

Premium Built-Out Office Space for Lease at Regal Plaza! Approximately 1,034 sq. ft. ofprofessionally finished office space located on an upper floor, offering excellent views and abright, professional work environment. The functional layout features 3 spacious privateoffices, a boardroom, reception area, and pantry, providing an ideal setup for a variety ofprofessional and service-based businesses. Move-in ready - no shell construction required.Conveniently located minutes from Toronto Pearson International Airport with easy access toHighways 401, 409, and 427 and the Toronto Congress Centre. The Holiday Inn is located withinthe same complex, offering added convenience for clients, visitors, and business guests. RegalPlaza is a modern commercial development with professional office and ground-floor retail uses.Includes 1 underground parking space plus ample complimentary visitor parking. An excellentopportunity for businesses seeking a well-appointed office in a highly connected commerciallocation. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$679K
Down payment30% · $204K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$39K

Annual cash flow

$2K

Cash-on-cash

0.74%

DSCR

1.04

Going-in cap

5.76%

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

100,147

Households

44,576

Median income

$130,000

Median age

40.2

Daytime population

149,806

5-yr growth

4.9%

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

Secure deal room

Confidential diligence documents for 410 - 996 MARTIN GROVE 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.