For Sale · Office

9 2ND FLR - 115 ADDISON HALL CIRCLE, Aurora

9 2ND FLR - 115 ADDISON HALL CIRCLE, Aurora, ON L4G3X8

Price on request

—

Asset Class

Office

Size

—

Building class

A

Zoning

CO — Commercial Office

$ / SF

—

Occupancy

93%

About this property

Brand New 2nd Floor Office Space Located In The Heart Of Aurora's Most Desirable Business Park. Approx 1,475 Sqft. Vacant Unit Providing Tenants With Flexibility To Customize Layout And Finishes To Their Needs. Bright and Spacious. Ample On-Site Parking In Front. Close To Highway 404. Utilities Included. Ideal For Professional Office or Administrative Use. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$80K

Annual cash flow

$-3K

Cash-on-cash

-0.69%

DSCR

0.96

Going-in cap

5.34%

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

53,307

Households

21,497

Median income

$137,500

Median age

40

Daytime population

76,871

5-yr growth

0.9%

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

Secure deal room

Confidential diligence documents for 9 2ND FLR - 115 ADDISON HALL CIRCLE, Aurora.

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.