1/39155 LAKESHORE Road E, Oakville
155 LAKESHORE Road E, Oakville, ON L6J1H3
$3.0M total
4,899 SF
Asset Class
Specialty
Size
4,899 SF
Building class
A
Zoning
US — Urban Services
$ / SF
$612
Occupancy
95%
About this property
Here is your chance to own this beautiful and very well cared for mixed use building in the core of downtown Oakville. The building provides 2 fully occupied retail units on the main level (A restaurant and Marble Slab) and 5 Apartment buildings on the upper level. Talk about a unique and one of a kind type of Real Estate. It provides you with a very healthy annual return with the highest level of peace of mind and not to mention its excellent and very vibrant location. From the moment you walk up to the building, pride of ownership is evident (same owner for over 2 decades !! ) and when you walk inside you will be impressed. Both retail shops are nice and clean and very well cared for. There has been many upgrades/updates throughout the exterior to the interior of the building over the years. We will be happy to share the complete list. With its strategic positioning and steps from Town Square, it makes this gem that much more unique and special. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$14K
Projected NOI
$198K
Annual cash flow
$31K
Cash-on-cash
3.50%
DSCR
1.19
Going-in cap
6.59%
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.
Rent roll (estimated)
| Tenant | Area | Expiry |
|---|---|---|
| Lakeview Physiotherapy | 2,644 SF | 2034-12 |
| Lakeview Physiotherapy | 2,005 SF | 2034-12 |
Area demographics
Trade area within 3 miles of the property.
Population
121,783
Households
57,018
Median income
$67,500
Median age
37.8
Daytime population
192,183
5-yr growth
6.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 155 LAKESHORE Road E, Oakville.
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.