For Sale · Specialty

1631 WESTON Road, York

1631 WESTON Road, York, ON M9N1T8

$1.6M total

1,477 SF

Asset Class

Specialty

Size

1,477 SF

Building class

A

Zoning

US — Urban Services

$ / SF

$1049

Occupancy

98%

About this property

Unlock the potential of a highly visible Weston Road property offering a versatile mix of commercial and residential space. The main floor features a commercial storefront, while the second floor provides residential space, creating an opportunity for an investor, owner-operator or developer to explore multiple possibilities. With heavy traffic and excellent street exposure, the property offers valuable visibility for a business and strong marketing potential. A large parking lot at the rear adds further convenience and flexibility. Whether your vision is to hold the property, develop, or rebuild, 1631 Weston Rd presents an opportunity to create value in a prominent location. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.55M
Down payment30% · $465K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$98K

Annual cash flow

$13K

Cash-on-cash

2.70%

DSCR

1.15

Going-in cap

6.35%

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 LLP595 SF2030-12
Aurora Legal LLP400 SF2030-12
Aurora Legal LLP503 SF2030-12

Area demographics

Trade area within 3 miles of the property.

Population

91,816

Households

33,192

Median income

$95,500

Median age

31.7

Daytime population

142,518

5-yr growth

7%

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

Secure deal room

Confidential diligence documents for 1631 WESTON Road, York.

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.