For Lease · Office

2ND FLR - 909 DAVENPORT ROAD, Toronto (Wychwood)

2ND FLR - 909 DAVENPORT ROAD, Toronto (Wychwood), ON M6G3C6

Price on request

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Asset Class

Office

Size

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Building class

C

Zoning

CO — Commercial Office

$ / SF

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Occupancy

84%

About this property

An excellent opportunity to lease 986 sq. ft. of well-appointed second-floor office space at Davenport and Christie. The functional layout currently offers three private offices, a boardroom, an additional flexible open workspace, and a private washroom. The configuration can easily accommodate up to five private offices, making it ideal for a variety of professional and service-oriented businesses. Offered as a hassle-free gross lease that includes utilities, this is an attractive, all-inclusive leasing opportunity with predictable monthly occupancy costs. A versatile space with the flexibility to accommodate your business as it grows. (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

84,276

Households

36,211

Median income

$79,500

Median age

40.8

Daytime population

130,050

5-yr growth

5.7%

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

Secure deal room

Confidential diligence documents for 2ND FLR - 909 DAVENPORT ROAD, Toronto (Wychwood).

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.