For Sale · Office

LL1 - 2920 DUFFERIN STREET, Toronto (Yorkdale-Glen Park)

LL1 - 2920 DUFFERIN STREET, Toronto (Yorkdale-Glen Park), ON M6B3S8

Price on request

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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

83%

About this property

This spacious lower-level suite is well-suited for medical professionals, health and wellness-related government agencies, or general office use. The building underwent a complete rebuild in 2019 and now features a clean, modern design that presents well. There is elevator access to all floors, on-site visitor parking, and one reserved parking space for this unit. Existing tenants include a pharmacy, physiotherapy clinic, dental office, minor surgery center, and family medical practitioners, making this an excellent option for a similar or supporting use. The suite is unfinished and can be tailored to your specific requirements, offering flexibility for a wide range of uses. The landlord may consider demising the space for the right tenant. It may also be suitable for storage. If additional space is needed, Unit LL2 is also available and can be combined to create a total of approximately 2,967 square feet. The building is located in a high-traffic area with excellent access to public transit, and strong pedestrian and vehicular visibility. This is a practical, well-positioned option for users seeking professional space in a highly accessible location. (id:66811)

Financial sandbox

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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

76,644

Households

28,558

Median income

$70,000

Median age

43.4

Daytime population

128,329

5-yr growth

1%

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

Secure deal room

Confidential diligence documents for LL1 - 2920 DUFFERIN STREET, Toronto (Yorkdale-Glen Park).

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.