For Sale · Industrial

21 - 10 LIGHTBEAM TERRACE. DRIVE, Brampton (Bram West)

21 - 10 LIGHTBEAM TERRACE. DRIVE, Brampton (Bram West), ON L6Y6H9

$2.1M total

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Asset Class

Industrial

Size

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Building class

C

Zoning

IB — Industrial Business

$ / SF

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Occupancy

82%

Clear height

26 ft

Loading docks

11

About this property

Exceptional industrial condo at Steeles Avenue and Heritage Road in Brampton, offering excellent Steeles Avenue exposure and convenient access to Highways 401 and 407. This 2,769 sq. ft. unit features a 24 ft. clear ceiling height and a drive-in door with a concrete ramp recessed into the unit. An additional 800 sq. ft. top floor includes two office spaces, providing added flexibility for your business needs. Excellent rental income potential. Industrial M4 zoning allows a variety of uses, including manufacturing, processing, wholesale, and retail, subject to municipal approval. Close to public transit, major highways, and Rivermont Plaza. Don't miss this excellent opportunity! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.10M
Down payment30% · $630K
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$10K

Projected NOI

$107K

Annual cash flow

$-9K

Cash-on-cash

-1.42%

DSCR

0.92

Going-in cap

5.11%

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

54,545

Households

20,487

Median income

$84,000

Median age

42.3

Daytime population

47,521

5-yr growth

3.7%

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

Secure deal room

Confidential diligence documents for 21 - 10 LIGHTBEAM TERRACE. DRIVE, Brampton (Bram West).

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.