Consumers Square
288-422 Consumers Rd, Toronto, ON
Office Building | 147,644 Sq.ft
PROPERTY HIGHLIGHTS
Occupancy Date : Q4 2023
Property Taxes : TBA
Maintenance Fee : TBA
Multiple Configurations Available : 1,900 SF - 6,100 SF
Excellent investor/user opportunity
Introducing Consumers Square - Toronto's Premium Strata Offering.
Be a part of the thriving business community of Consumers Square with a prime location on Consumers road with direct connections to the DVP and Highway 401. With units ranging from 1,900+ sq. ft., the project caters to a variety of business sizes and types, offering scalability as businesses grow.
Industrial Units Available:
| Unit 19 | 3,652 SQ. FT. |
| Unit 13 | 4,669 SQ. FT. |
| Unit 14 | 4,669 SQ. FT. |
| Unit 4 | 4,909 SQ. FT. |
| Unit 13-14 | 9,297 SQ. FT. |
| Unit 17-18 | 12,202 SQ.FT |
| Clear Height | 16 FT. |
| Shipping | 1 Truck-Level Door Per Unit |
| Asking Price | $525 per SQ. FT. (Limited time only) |
| Condo Registration | Officially Registered |
| Zoning | Industrial Office Business Park Zone (MO) |
New upgrades to take your business to the next level.
70% SOLD
Strategic location connecting you to more people, places, and possibilities.
Consumers Square is uniquely positioned on Consumers Road at the nexus of DVP and Highway 401, offering unparalleled access and visibility, a key for any business looking to enhance logistics, accessibility, and market presence. Leverage Consumer Square's strategic accessibility and connectivity, bringing you closer to your customers.
Trusted Business Partners that work as hard as you do.
With Mirabelli at the helm of Consumers Square, you're not just investing in a prime piece of real estate; you're securing a commitment to excellence and reliability. Known for their meticulous attention to detail, innovative design, and sustainable construction practices, Mirabelli's reputation as a leading developer ensures that your investment is backed by a legacy of success. Their track record of delivering high-quality projects on time and within budget speaks volumes, offering peace of mind that your business is being built on a foundation of integrity and expertise. Choose Consumers Square, and align your business with a developer synonymous with quality and trust in the commercial real estate industry.
The Ownership Advantage.
Consumers Square is an ideal, light industrial condo investment opportunity for small to medium-sized business owners who are currently renting. Consumers Square offers owners the chance to build equity, benefit from potential appreciation in value, and enjoy predictable costs compared to renting.
| Compare | Own | Lease |
| Unit Size (SF) | 6,000 | 6,000 |
| Purchase Price / Net Lease Rate PSF | $3,150,000.00 | $18.50 |
| 10-Year Interest / Rent Expense | $1,653,809 | $1,332,678 |
| Principle Pay-Down | $538,102 | $0.00 |
| Asset Appreciation | $960,035 | $0.00 |
| Equity Built | $1,498,137 | $0.00 |
Key Assumptions
- Based on an Asking Price of $525 PSF
- Lease rate assumes 4% annual escalations over a 10-year term
- Payments are net of operating expenses and real estate taxes (assume equal for owning and renting)
- Based on a 5.75% mortgage with 25-year amortization and 30% down payment
- Assume 3.0% annual asset appreciation
Logistics Rationale
- Situate warehousing, manufacturing and administrative functions in a single location
- Locate business at a strategic locale, proximate to customer and employee base
- Flexibility to fit-out unit(s) to exact business specifications and requirement
- Option to acquire multiple units for future growth with the interim ability to generate rental revenue
Financial Rationale
- Build equity through principal pay-down with potential for significant capital appreciation
- Eliminate leasing risk including rent increases and business disruption
- Take advantage of attractive borrowing terms
- Realize tax efficiencies through depreciation, and deduction of interest and other mortgage-related expenses
