For Lease · Retail

12 - 70 JUTLAND ROAD, Toronto (Islington-City Centre West)

12 - 70 JUTLAND ROAD, Toronto (Islington-City Centre West), ON M8Z2G6

Price on request

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Asset Class

Retail

Size

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Building class

B

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

83%

About this property

Beautifully Finished Office Space Available For Lease At 70 Jutland Rd, Located In The Highly Accessible Etobicoke/Jutland Employment Area. Situated In A Fairly New Building Built In 2022, This Bright And Functional Space Offers A Professional Layout With 4 Large Glass Offices, A Spacious Open Work Area, Large Windows, Skylight, Exposed Brick, 2 Bathrooms, Kitchenette Area, And Impressive 12 Ft Ceiling Height. This Unique Space Combines Character, Functionality, And Modern Appeal. E1 Zoning Allows For A Variety Of Uses Including But Not Limited To Office, Software Development/Processing, Production Studio, Laboratory, Custom Workshop, Artist Studio, Warehouse, And Wholesaling Use. Includes 5 Allocated Parking Spaces, 3 Conveniently LocatedDirectly In Front Of The Entrance, and 2 in the back. Tenant To Verify Intended Use. (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

94,493

Households

39,018

Median income

$69,500

Median age

40.2

Daytime population

106,834

5-yr growth

6%

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

Secure deal room

Confidential diligence documents for 12 - 70 JUTLAND ROAD, Toronto (Islington-City Centre West).

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.