For Lease · Office

124 - 557 DIXON ROAD, Toronto (West Humber-Clairville)

124 - 557 DIXON ROAD, Toronto (West Humber-Clairville), ON M9W6K1

$14.5 per sq ft / yr

—

Asset Class

Office

Size

—

Building class

C

Zoning

DC1 — Direct Control

$ / SF

—

Occupancy

94%

About this property

Fantastic Location With Highway 401 Exposure. Close To Pearson Airport, Hotels, And Toronto Congress Centre. Zoning Allows For Many Uses, Ideal For Affordable Flex Office Space. Very Clean Unit, 3 Pc Bath, Kitchenette. Easy Access To Major Highways 401 & 427, Boasts Recently Renovated Common Areas And Plenty Of Parking. Space Not Suitable For Place Of Worship Or Massage Therapy. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$15
Down payment30% · $4
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

3.14%

DSCR

1.17

Going-in cap

6.48%

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

43,067

Households

19,867

Median income

$74,500

Median age

42.1

Daytime population

39,383

5-yr growth

5.2%

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

Secure deal room

Confidential diligence documents for 124 - 557 DIXON ROAD, Toronto (West Humber-Clairville).

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.