For Sale · Industrial

2 - 150 RIVALDA ROAD, Toronto (Humbermede)

2 - 150 RIVALDA ROAD, Toronto (Humbermede), ON M9M2M8

Price on request

1,375 SF

Asset Class

Industrial

Size

1,375 SF

Building class

A

Zoning

IB — Industrial Business

$ / SF

—

Occupancy

98%

Clear height

19 ft

Loading docks

4

About this property

Industrial unit in a professionally managed multi-tenant building. Perfectly configured for a wide range of uses with 1 oversized drive-in door, nicely configured office space, and a mezzanine that is not included in the square footage listed of the unit. Close proximity to highway 400, 407, and public transit. Water is included in rent. Tenant is responsible to pay for hydro, gas and to maintain in full force tenant insurance with a minimum of $5 million dollar liability. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$86K

Annual cash flow

$3K

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.

Rent roll (estimated)

TenantAreaExpiry
Aurora Legal LLP430 SF2029-02
Aurora Legal LLP400 SF2029-02
Aurora Legal LLP400 SF2029-02
Aurora Legal LLP430 SF2029-02

Area demographics

Trade area within 3 miles of the property.

Population

143,893

Households

55,162

Median income

$99,500

Median age

44.1

Daytime population

141,200

5-yr growth

4.9%

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

Secure deal room

Confidential diligence documents for 2 - 150 RIVALDA ROAD, Toronto (Humbermede).

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.