Business For Sale · Office

101-P6 - 1377 THE QUEENSWAY, Toronto (Islington-City Centre West)

101-P6 - 1377 THE QUEENSWAY, Toronto (Islington-City Centre West), ON M8Z1T1

Price on request

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Asset Class

Office

Size

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Building class

A

Zoning

CB2 — Central Business

$ / SF

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Occupancy

84%

About this property

Executive private single/double office space available inside The Cool Box, a distinctive and modern, industrial-chic, ground floor shared co-working space featuring 14 ft ceilings, polished concrete floors, extra large windows, cafe, kitchen, and with access to additional amenities such as training room, meeting rooms, board rooms, studio, private phone booths, and open flex space. Great location on The Queensway at Kipling, easy access to Gardiner, QEW, 427, Lake Shore. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$68K

Annual cash flow

$-15K

Cash-on-cash

-3.26%

DSCR

0.82

Going-in cap

4.56%

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

141,299

Households

50,782

Median income

$64,000

Median age

36.2

Daytime population

136,408

5-yr growth

3.8%

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

Secure deal room

Confidential diligence documents for 101-P6 - 1377 THE QUEENSWAY, Toronto (Islington-City Centre West).

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.