100 BRONTE STREET S, Milton (OM Old Milton)100 BRONTE STREET S, Milton (OM Old Milton) — photo 2100 BRONTE STREET S, Milton (OM Old Milton) — photo 3100 BRONTE STREET S, Milton (OM Old Milton) — photo 4100 BRONTE STREET S, Milton (OM Old Milton) — photo 5100 BRONTE STREET S, Milton (OM Old Milton) — photo 6100 BRONTE STREET S, Milton (OM Old Milton) — photo 7100 BRONTE STREET S, Milton (OM Old Milton) — photo 8100 BRONTE STREET S, Milton (OM Old Milton) — photo 9100 BRONTE STREET S, Milton (OM Old Milton) — photo 10100 BRONTE STREET S, Milton (OM Old Milton) — photo 11100 BRONTE STREET S, Milton (OM Old Milton) — photo 12100 BRONTE STREET S, Milton (OM Old Milton) — photo 13100 BRONTE STREET S, Milton (OM Old Milton) — photo 14100 BRONTE STREET S, Milton (OM Old Milton) — photo 15100 BRONTE STREET S, Milton (OM Old Milton) — photo 16
1/16
Business For Sale · Multifamily

100 BRONTE STREET S, Milton (OM Old Milton)

100 BRONTE STREET S, Milton (OM Old Milton), ON L9T1Y8

$12.3M total

25,196 SF

Asset Class

Multifamily

Size

25,196 SF

Building class

C

Zoning

RA8 — Medium Rise

$ / SF

$486

Occupancy

96%

About this property

The Rose District presents an exceptional opportunity to acquire a modern, purpose-built mixed-use investment property in the heart of Milton. Completed in 2016, this three-storey building features 24 existing residential suites, plus three permitted, roughed-in one-bedroom suites offering additional rental income potential upon completion, for a total of 27 suites. The residential component includes a mix of one- and two-bedroom layouts, select suites with dens, contemporary finishes, stainless steel appliances and in-suite laundry. The commercial component comprises approximately 6,410 SF across four ground-floor units, occupied by an established mix of medical, dental, pharmacy and retail tenants. Situated on approximately 1.01 acres with 60 parking spaces, the property benefits from a central Milton location minutes from Downtown Milton, shopping, restaurants, public transit and major transportation routes. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$12.25M
Down payment30% · $3.67M
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$57K

Projected NOI

$535K

Annual cash flow

$-144K

Cash-on-cash

-3.92%

DSCR

0.79

Going-in cap

4.36%

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
Halcyon Wealth Partners14,675 SF2034-10
Halcyon Wealth Partners5,757 SF2034-10
Halcyon Wealth Partners3,756 SF2034-10

Area demographics

Trade area within 3 miles of the property.

Population

117,523

Households

53,218

Median income

$91,000

Median age

42.4

Daytime population

103,970

5-yr growth

2.4%

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

Secure deal room

Confidential diligence documents for 100 BRONTE STREET S, Milton (OM Old Milton).

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.