For Sale · Office

201N - 1455 LAKESHORE ROAD, Burlington (Brant)

201N - 1455 LAKESHORE ROAD, Burlington (Brant), ON L7S1B3

$899,000 total

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Asset Class

Office

Size

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Building class

A

Zoning

CB2 — Central Business

$ / SF

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Occupancy

93%

About this property

A unique opportunity to own beautifully appointed office space in the heart of downtown Burlington. This corner unit offers desirable southwest views and large windows throughout, providing plenty of natural light and creating a bright ,inviting workspace for both clients and staff. The well-designed suite features a welcoming reception area, three private offices, a dedicated meeting room, a spacious file room, a convenient kitchenette and a 3-piece ensuite. Ideally situated within walking distance to boutique shops, cafés, restaurants and the Burlington waterfront, with Spencer Smith Park just steps away. Convenient access to public transit and major highways adds to the appeal of this exceptional location. An ideal opportunity for professionals, consultants, or businesses looking to establish themselves in one of Burlington's most desirable downtown locations. (id:66811)

Financial sandbox

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Estimate
Purchase price$899K
Down payment30% · $270K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$55K

Annual cash flow

$5K

Cash-on-cash

1.87%

DSCR

1.10

Going-in cap

6.10%

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

67,578

Households

27,548

Median income

$112,000

Median age

36.5

Daytime population

87,296

5-yr growth

0.7%

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

Secure deal room

Confidential diligence documents for 201N - 1455 LAKESHORE ROAD, Burlington (Brant).

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.