For Lease · Office

#1 - 139 THOMAS STREET, Oakville (OO Old Oakville)

#1 - 139 THOMAS STREET, Oakville (OO Old Oakville), ON L6J3A9

Price on request

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Asset Class

Office

Size

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Building class

B

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

94%

About this property

Unique opportunity to lease private offices in a spectacular building in Downtown Oakville. The office is approximately 211 sq. ft. and includes a lockable door, furnished with a desk and ergonomic chair. The lease includes cleaning and maintenance, boardroom access, complimentary coffee, tea and water, mail service, high speed interenet and utilities. Off-site parking is also available through the Town of Oakville, if required. This is an ideal professional workspace for a consultant, entrepreneur, or small business looking for a convenient and prestigious Downtown Oakville location. $2100 plus HST. Can be rented separately or with other units. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$81K

Annual cash flow

$-2K

Cash-on-cash

-0.40%

DSCR

0.98

Going-in cap

5.42%

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

41,845

Households

16,188

Median income

$116,000

Median age

37.4

Daytime population

56,193

5-yr growth

1.1%

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

Secure deal room

Confidential diligence documents for #1 - 139 THOMAS STREET, Oakville (OO Old Oakville).

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.