For Sale · Office

PH62 - 4168 FINCH AVENUE E, Toronto (Milliken)

PH62 - 4168 FINCH AVENUE E, Toronto (Milliken), ON M1S5H6

Price on request

—

Asset Class

Office

Size

—

Building class

C

Zoning

DC1 — Direct Control

$ / SF

—

Occupancy

84%

About this property

Excellent commercial opportunity located the high-traffic intersection of Midland/Finch Ave with TTC conveniently at the front entrance, providing outstanding accessibility for clients and staff. Ideal for a wide range of professional and service uses including accounting firms, law offices, immigration and consulting services and more. The building offers ample indoor parking for added convenience. Gross rent includes hydro and heating, making operating costs simple and predictable. A great location to establish or grow your business. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$68K

Annual cash flow

$-15K

Cash-on-cash

-3.26%

DSCR

0.82

Going-in cap

4.56%

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

69,844

Households

25,553

Median income

$62,500

Median age

38.1

Daytime population

82,280

5-yr growth

3.2%

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

Secure deal room

Confidential diligence documents for PH62 - 4168 FINCH AVENUE E, Toronto (Milliken).

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.