For Sale · Office

23 - 1290 FINCH AVENUE W, Toronto (York University Heights)

23 - 1290 FINCH AVENUE W, Toronto (York University Heights), ON M3J3K2

Price on request

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Asset Class

Office

Size

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Building class

B

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

91%

About this property

Three Units are Available to Lease Starting from $1500/$1200/$900. Great Location, Busy Complex With Area! Retail Commercial And Industrial Units. Close to the Highway And Steps to New Keele And Finch Subway. **EXTRAS** Ample Parking Opportunity To Run Your Business In A High Traffic Area! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$77K

Annual cash flow

$-6K

Cash-on-cash

-1.26%

DSCR

0.93

Going-in cap

5.16%

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

107,087

Households

39,237

Median income

$84,500

Median age

43.1

Daytime population

151,015

5-yr growth

5.8%

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

Secure deal room

Confidential diligence documents for 23 - 1290 FINCH AVENUE W, Toronto (York University Heights).

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.