For Sale · Office

MAIN - 36 ALGIE AVENUE, Toronto (Islington-City Centre West)

MAIN - 36 ALGIE AVENUE, Toronto (Islington-City Centre West), ON M8Z5J8

Price on request

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Asset Class

Office

Size

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Building class

A

Zoning

CB2 — Central Business

$ / SF

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Occupancy

83%

About this property

Space to work, space to store and room to grow! Welcome to 36 Algie Avenue, a versatile E1-zoned commercial property in Etobicoke, just minutes to the Gardiner, QEW, Hwy 427 and The Queensway. Lease the entire property, or just the main or upper floor, and choose the setup that fits your business today with room to expand tomorrow. Inside, you'll find generous office space across multiple levels, ready for administration, estimating, dispatch or client meetings. Outside is where this property really works: a 2-car rear garage for vehicles, tools and equipment, 8 parking spaces across the front, side and rear yards, plus outdoor and shipping container storage space for materials and inventory. E1 zoning permits a wide range of business uses, including outdoor storage (tenant to verify), making this an ideal fit for contractors, property managers and trades such as plumbing, electrical, HVAC and construction firms that need both an office and a working yard. It also suits service shops, custom workshops, specialized laboratories and professional or technical offices. The location is hard to beat for businesses on the move, with quick highway access for crews heading across the GTA and an easy commute for staff and clients. Whether you're establishing your first location, expanding your operations or consolidating multiple spaces under one roof, this is your chance to bring your office, crew, vehicles and equipment together in one convenient location. Book your showing today! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$67K

Annual cash flow

$-16K

Cash-on-cash

-3.54%

DSCR

0.81

Going-in cap

4.48%

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

119,264

Households

51,021

Median income

$135,000

Median age

41.2

Daytime population

148,696

5-yr growth

1.7%

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

Secure deal room

Confidential diligence documents for MAIN - 36 ALGIE AVENUE, Toronto (Islington-City Centre West).

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.