Business For Sale · Office

102 - 30 KERN ROAD, Toronto (Banbury-Don Mills)

102 - 30 KERN ROAD, Toronto (Banbury-Don Mills), ON M3B1T1

Price on request

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Asset Class

Office

Size

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Building class

A

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

83%

About this property

Move-in-ready office space featuring high-quality finishes, plenty of windows, and abundant natural light. The space offers three private offices and a small reception area, making it ideal for a small professional business. Ample free surface parking is available, with a variety of amenities nearby, including restaurants, cafés, fitness facilities, and banking. Conveniently located with easy access to Highways 401 and 404 and Sheppard Subway Station, with easy in-and-out access for staff and clients. Gross rent includes hydro and utilities. (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

92,293

Households

37,194

Median income

$98,500

Median age

31.6

Daytime population

78,621

5-yr growth

3.5%

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

Secure deal room

Confidential diligence documents for 102 - 30 KERN ROAD, Toronto (Banbury-Don Mills).

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.