For Sale · Office

255 - 7777 WESTON ROAD, Vaughan (Vaughan Corporate Centre)

255 - 7777 WESTON ROAD, Vaughan (Vaughan Corporate Centre), ON L4L0G9

$449,000 total

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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

98%

About this property

Beautiful commercial unit for sale at Centro Square, located at Weston Road and Highway 7 in Woodbridge. This second-floor unit is suitable for both retail and office use and is located near the main escalator. The unit is renovated and includes private rooms, a reception and waiting area, and an in-suite sink. Centro Square is a busy mixed-use complex with residential towers, offices, and retail stores. Free underground customer parking. Easy access to Highways 400 and 407, Highway 7, and Weston Road. Great opportunity for an owner-user or investor. Many uses are permitted. Buyer and Buyer's Agent to verify permitted use. (id:66811)

Financial sandbox

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Estimate
Purchase price$449K
Down payment30% · $135K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$32K

Annual cash flow

$7K

Cash-on-cash

5.15%

DSCR

1.28

Going-in cap

7.09%

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

81,343

Households

34,067

Median income

$93,000

Median age

43.2

Daytime population

128,020

5-yr growth

0.9%

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

Secure deal room

Confidential diligence documents for 255 - 7777 WESTON ROAD, Vaughan (Vaughan Corporate Centre).

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.