Business For Sale · Office

GROUND FLOOR A - 1888 WILSON AVENUE, Toronto (Downsview-Roding-CFB)

GROUND FLOOR A - 1888 WILSON AVENUE, Toronto (Downsview-Roding-CFB), ON M9M1A7

Price on request

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Asset Class

Office

Size

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Building class

C

Zoning

CO — Commercial Office

$ / SF

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Occupancy

83%

About this property

Great Location for Professional Offices near 401/Weston Rd. Solid 2 Story Building, totallyupgraded. Four separate sections for offices that can accommodate big and small setups. Canbe leased separately or together. One office room rent starting from $500 per month,including TMI and utilities. Main floor unit featuring a private reception area, LargeBoardroom, and 4 offices with Lots of Natural Light. Kitchen and Washrooms. Second floor 2sections with offices and boardrooms. Ideal For Law Offices, Tech Firms, Accountants,Consultants, Designers, Architects, Real Estate Brokerage, and any Traditional office users.Ample parking available, high visibility of the office, and a lot of exposure. Easy Access toHwy #401, 400, 409, and 427. (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

112,115

Households

50,123

Median income

$83,000

Median age

44.4

Daytime population

189,891

5-yr growth

3.9%

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

Secure deal room

Confidential diligence documents for GROUND FLOOR A - 1888 WILSON AVENUE, Toronto (Downsview-Roding-CFB).

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.