Modern Industrial Warehouse GTA
4500 Steeles Avenue East, Toronto, ON
$18.5M
85,000 SF
Asset Class
Industrial
Size
85,000 SF
Building class
C
Zoning
IB — Industrial Business
Cap rate
5.80%
NOI
$1.07M
$ / SF
$218
Occupancy
98%
Year Built
2019
Clear height
35 ft
Loading docks
7
About this property
85,000 SF industrial building with 32ft clear heights, 12 dock doors, and rail access.
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$85K
Projected NOI
$1.04M
Annual cash flow
$13K
Cash-on-cash
0.23%
DSCR
1.01
Going-in cap
5.61%
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.
Rent roll (estimated)
| Tenant | Area | Expiry |
|---|---|---|
| Meridian Health Group | 83,640 SF | 2027-07 |
Area demographics
Trade area within 3 miles of the property.
Population
122,200
Households
44,826
Median income
$112,500
Median age
34
Daytime population
107,980
5-yr growth
7.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for Modern Industrial Warehouse GTA.
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.