For Sale · Office

1120 & 1122 - 130 QUEENS QUAY E, Toronto (Waterfront Communities)

1120 & 1122 - 130 QUEENS QUAY E, Toronto (Waterfront Communities), ON M5A3Y5

$1.9M total

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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

86%

About this property

Prime Investment Opportunity In Toronto's Downtown Waterfront! Two Combined Office Units (1120 & 1122) At 130 Queens Quay E, Located In The Vibrant Waterfront Tech Innovation Hub - City Of The Arts. This Southwest-Facing Suite Offers Panoramic, Unobstructed Lake Views Through Floor-To-Ceiling Windows, Soaring Ceilings, And Approximately $300,000 Interior Renovations. Building Amenities Include An Elegant Shared Lobby, High-Tech Boardrooms, Networking Lounges, Outdoor Terrace, And Ground-Floor Retail Featuring Cafes, Restaurants And Boutiques. Approximately 4 Years Remaining On The Existing Tenant's Lease, Providing Stable Rental Income. Buyers Seeking Immediate Occupancy May Discuss Potential Arrangements With The Seller. Steps To The Waterfront, Sugar Beach, TTC And GO Transit, With Easy Access To The Gardiner Expressway, Scotiabank Arena, George Brown College And St. Lawrence Market. Excellent Opportunity For Both Investors And End Users! PLEASE DO NOT GO DIRECT. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.86M
Down payment30% · $559K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$9K

Projected NOI

$92K

Annual cash flow

$-11K

Cash-on-cash

-2.00%

DSCR

0.89

Going-in cap

4.94%

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

97,047

Households

41,792

Median income

$114,500

Median age

34.9

Daytime population

131,921

5-yr growth

5.3%

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

Secure deal room

Confidential diligence documents for 1120 & 1122 - 130 QUEENS QUAY E, Toronto (Waterfront Communities).

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.