For Lease · Industrial

109 - 110 SILVER STAR BOULEVARD, Toronto (Milliken)

109 - 110 SILVER STAR BOULEVARD, Toronto (Milliken), ON M1V5A2

Price on request

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Asset Class

Industrial

Size

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Building class

B

Zoning

IL — Light Industrial

$ / SF

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Occupancy

90%

Clear height

23 ft

Loading docks

8

About this property

Exceptional leasing opportunity in a busy industrial plaza in the Milliken area! Offering approximately 1,550 sq. ft. on the main floor plus an additional 800 sq. ft. mezzanine, this versatile commercial unit provides an excellent combination of professional office space, showroom potential, and functional workspace. The main floor features a welcoming reception area with built-in desk, four private offices, a washroom, and a spacious rear area ideal for a showroom, product display, storage, or additional work area. A convenient drive-in garage door allows easy access for deliveries, equipment, and loading. The mezzanine adds valuable additional space with two private offices, a kitchenette, and a separate washroom with shower, offering added convenience for staff and daily operations. With multiple offices across two levels and an adaptable layout that can be easily reconfigured to suit your business needs, this property offers outstanding flexibility for a wide range of permitted commercial and industrial uses. Ideal for businesses seeking space for administration, sales, distribution, product display, service operations, or a combination of office and workspace. Conveniently located in an established, busy industrial plaza in the Milliken area, this is an excellent opportunity to establish, relocate, or expand your business. Automotive uses are not permitted. Don't miss the opportunity to secure a flexible commercial space with multiple possibilities for 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
Occupancy90%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$76K

Annual cash flow

$-7K

Cash-on-cash

-1.54%

DSCR

0.92

Going-in cap

5.08%

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

144,261

Households

59,237

Median income

$137,500

Median age

40.2

Daytime population

170,724

5-yr growth

7.3%

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

Secure deal room

Confidential diligence documents for 109 - 110 SILVER STAR BOULEVARD, 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.