For Lease · Retail

4 - 259 EDGELEY BOULEVARD, Vaughan (Concord)

4 - 259 EDGELEY BOULEVARD, Vaughan (Concord), ON L4K3Y5

Price on request

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Asset Class

Retail

Size

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Building class

B

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

85%

Lot Size

131610.21 ac

About this property

Prime Location - Professional Office Space for Lease. Excellent location with direct frontage on a main street and convenient access to major transportation routes. Walking distance to Metropolitan Subway Station and minutes from Highway 400. Approximately 700 sq. ft. on the second level, featuring two private offices, a spacious open area ideal for a boardroom or meeting space, kitchenette, and washroom. Laminate flooring throughout. Parking available. Utilities to be shared with the tenant occupying the main level. Ideal for a variety of professional office uses. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$70K

Annual cash flow

$-13K

Cash-on-cash

-2.97%

DSCR

0.84

Going-in cap

4.65%

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

46,697

Households

18,569

Median income

$103,500

Median age

33.2

Daytime population

54,508

5-yr growth

7.9%

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

Secure deal room

Confidential diligence documents for 4 - 259 EDGELEY BOULEVARD, Vaughan (Concord).

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.