For Sale · Industrial

75 HOWDEN ROAD, Toronto (Wexford-Maryvale)

75 HOWDEN ROAD, Toronto (Wexford-Maryvale), ON M1R3C7

$3.3M total

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Asset Class

Industrial

Size

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Building class

C

Zoning

IL — Light Industrial

$ / SF

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Occupancy

89%

Clear height

33 ft

Loading docks

7

About this property

xceptional Owner/User Opportunity In The Heart Of Scarborough! Rare Freestanding Approx. 5,365 Sq. Ft. Industrial Building Situated On An Approx. 0.45-Acre, 50' X 390' Lot Offering An Outstanding Combination Of Functional Industrial Space, Office Area, Yard Space And An Extensive Equipment Package. Ideally Suited For Automotive, Mechanical, Fabrication And A Variety Of Industrial Uses, Subject To Zoning And Municipal Approvals. The Property Features 2 Drive-In Doors Plus 1 Loading Dock, Approx. 12'+ Clear Height, 3 Private Offices, Main And Side Entrances, 3 Washrooms Including A Full Washroom With Shower, Tankless Water Heater, New LED Lighting Throughout The Shop/Mechanical Area, 3 Warehouse Heaters, And Furnace & A/C Serving The Office Area. Exterior Finished In Stucco With A Fenced Rear Yard And Excellent Functional Access. An Exceptional Turn-Key Equipment Package Is Included In The Sale, Featuring 2 Hoists, Alignment Machine, 2-Ton Crane, Additional Crane, Air Compressor, 4 Welding Machines, Tool Boxes And Small Tools, Plus A Brand-New, Never-Used Spray Booth Ready For Installation By The Purchaser. Excellent Scarborough Location With Convenient Access To Hwy 401, DVP, TTC, Labour Pool And Major Amenities. A Rare Opportunity To Acquire A Freestanding Industrial Property, Land And Significant Equipment Package In One Offering! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$3.25M
Down payment30% · $975K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$15K

Projected NOI

$178K

Annual cash flow

$-2K

Cash-on-cash

-0.24%

DSCR

0.99

Going-in cap

5.47%

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

54,714

Households

22,942

Median income

$93,000

Median age

44.8

Daytime population

76,766

5-yr growth

3.7%

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

Secure deal room

Confidential diligence documents for 75 HOWDEN ROAD, Toronto (Wexford-Maryvale).

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.