2 SE - 32 ERIE STREET, Stratford2 SE - 32 ERIE STREET, Stratford — photo 22 SE - 32 ERIE STREET, Stratford — photo 3
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For Sale · Office

2 SE - 32 ERIE STREET, Stratford

2 SE - 32 ERIE STREET, Stratford, ON N5A2M4

Price on request

270 SF

Asset Class

Office

Size

270 SF

Building class

A

Zoning

DC1 — Direct Control

$ / SF

—

Occupancy

88%

About this property

Perfect space for your Not for Profit business or Charity! The United Centre offers this private space with access to a large boardroom. Conveniently located near Stratford's downtown and on the bus route. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$74K

Annual cash flow

$-10K

Cash-on-cash

-2.11%

DSCR

0.89

Going-in cap

4.91%

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)

TenantAreaExpiry
Prairie Coffee Roasters400 SF2028-04
Prairie Coffee Roasters400 SF2028-04
Vector Robotics400 SF2028-04

Area demographics

Trade area within 3 miles of the property.

Population

49,752

Households

21,292

Median income

$127,000

Median age

34.3

Daytime population

47,834

5-yr growth

6.8%

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

Secure deal room

Confidential diligence documents for 2 SE - 32 ERIE STREET, Stratford.

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.