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$3.3M total
—
Asset Class
Industrial
Size
—
Building class
C
Zoning
IL — Light Industrial
$ / SF
—
Occupancy
89%
Clear height
33 ft
Loading docks
7
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)
Adjust the deal assumptions — returns recalculate instantly.
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.
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.
Confidential diligence documents for 75 HOWDEN ROAD, Toronto (Wexford-Maryvale).
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.