For Sale · Office

202 - 140 LAROSE AVENUE, Toronto (Humber Heights)

202 - 140 LAROSE AVENUE, Toronto (Humber Heights), ON M9P1B2

Price on request

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Asset Class

Office

Size

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Building class

B

Zoning

CO — Commercial Office

$ / SF

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Occupancy

89%

About this property

Second floor office in a busy plaza surrounded by Hi Rise residential and anchored by Royal Bank, La Rose Bakery , Pizza Pizza ,Subway Sandwiches and pharmacy.On public transit line. Suits administative , health , educational , professional office and service uses.Rate per month is plus utilities at $50.00 per month (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$75K

Annual cash flow

$-8K

Cash-on-cash

-1.83%

DSCR

0.90

Going-in cap

4.99%

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

94,859

Households

39,394

Median income

$130,500

Median age

35.4

Daytime population

157,967

5-yr growth

5.7%

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

Secure deal room

Confidential diligence documents for 202 - 140 LAROSE AVENUE, Toronto (Humber Heights).

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.