Business For Sale · Office

290 SHEPPARD AVENUE W, Toronto (Lansing-Westgate)

290 SHEPPARD AVENUE W, Toronto (Lansing-Westgate), ON M2N1N5

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

83%

About this property

In the Heart of North York With a Large Flow of People, Visitors. Close to North York Center, Subway, Shopping Center, and City Facilities, A Detached Backsplit 5 With 5+ Rooms, Separate Entrance, 3 Washrooms, and 2 Kitchens, Include Basement. Good For A Lot of Kinds of Business (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$67K

Annual cash flow

$-16K

Cash-on-cash

-3.54%

DSCR

0.81

Going-in cap

4.48%

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

40,986

Households

14,545

Median income

$73,500

Median age

39.7

Daytime population

56,246

5-yr growth

6.5%

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

Secure deal room

Confidential diligence documents for 290 SHEPPARD AVENUE W, Toronto (Lansing-Westgate).

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.