Office, Toronto, Canada

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Example of office in Toronto

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Office, Toronto, Canada

C$7,806,000
C$12,390 /m²
$5,700,000
$9,047 /m²
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  • Total area
    630 m²
  • Yield
    3.9%
  • Built in 
    1974
Details
Property parameters
  • Land area: 2,200 m²
  • Number of parking lots: 20
  • 1-floor building
  • 1 floor
Financial performance
  • Annual income: C$264,253
Tenants
  • Fully let
  • End of lease: 2024

Building with office premises.

Description

The building was built in 1974.

There is parking for 20 cars in the territory of the office.

Financial performance

The cost of the property is $ 5,700,000.

Absolute annual income is $ 225,000.

The current yield of 3.9%.

Tenants

The tenant is a large postal operator, whose annual turnover exceeds $ 8 billion. The company employs more than 60 thousand employees.

The lease agreement is valid until 2024.

Location and nearby infrastructure

The office is located in a residential area with a high traffic flow. The public transport stops, cafes, a park, and many shops are situated not far from the property.

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If this ad doesn't suit you, have a look at the other offices for sale in Toronto.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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