The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Own a professionally designed office suite in one of Scarborough's most convenient and established commercial corridors. Offering approximately 770 Sq.Ft. of efficient office space, this vacant unit is ready for immediate occupancy and is ideal for both owner-users and investors. Designed to maximize efficiency and client comfort, the current layout includes: Elegant reception area Comfortable client waiting area Six private offices (Four treatment/exam rooms equipped with existing sinks, making the space ideal for medical, dental, cosmetic, physiotherapy, chiropractic, massage therapy, acupuncture, wellness or other healthcare-related practices, Two bright executive offices featuring large windows with abundant natural light) Minimal renovation is required for many professional users, allowing your business to begin operating quickly. Building is open 7 days a week, providing outstanding flexibility for businesses with weekend appointments or extended operating hours, Well-managed professional office building with a strong mix of medical and professional tenants, Situated within an area designated under the Official Plan as Mixed Use (Including Residential) and located inside a Major Transit Station Area (MTSA), this property benefits from strong long-term growth potential as the surrounding community continues to evolve. Whether you are establishing your own professional practice or adding a quality commercial asset to your investment portfolio, this turnkey office combines an exceptional location, functional layout, business-friendly operation, and outstanding future growth potential. Vacant Unit With Immediate Possession. A Rare Turnkey Opportunity For Both End Users And Investors In A High-Demand Commercial Corridor.
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$1,090/mo
Mortgage (principal + interest)$823
Property taxFrom listing: $3,200/yr$267
Minimum $11,000 down for this price; the slider moves in whole percent, starting at 5%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$44,000
Ontario land transfer taxProvincial brackets, no first-time refund$1,925
Toronto land transfer taxMunicipal brackets, no first-time refund$1,925
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$50,650
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Toronto adds its own land transfer tax; first-time buyers can get up to $4,475 back on it.
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
