1/1840 HILLSIDE DRIVE, Halton Hills (Georgetown)
40 HILLSIDE DRIVE, Halton Hills (Georgetown), ON L7G4W3
$3.5M total
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Asset Class
Office
Size
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Building class
C
Zoning
CO — Commercial Office
$ / SF
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Occupancy
87%
About this property
Exceptional commercial investment opportunity featuring an approximately 12,390 sq. ft. medical/office building, currently leased to medical/office related tenants and generating rental income. Situated on a long-term ground lease with Georgetown Hospital, this property offers an established healthcare setting and potential for continued medical or professional office use. Originally constructed in 1974, features include brick veneer and steel/concrete construction, flexible office layouts, forced-air gas heating, central air conditioning, elevator and stair access, and approximately 80 paved on-site parking spaces. This income producing property offers an attractive opportunity for investors seeking established occupancy, medical-office appeal and long-term investment potential. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$16K
Projected NOI
$218K
Annual cash flow
$24K
Cash-on-cash
2.27%
DSCR
1.12
Going-in cap
6.22%
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
39,749
Households
15,368
Median income
$111,000
Median age
31.4
Daytime population
48,014
5-yr growth
8.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 40 HILLSIDE DRIVE, Halton Hills (Georgetown).
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.