Business For Sale · Office

200 - 32 QUEEN STREET W, Brampton (Downtown Brampton)

200 - 32 QUEEN STREET W, Brampton (Downtown Brampton), ON L6X1A1

Price on request

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Asset Class

Office

Size

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Building class

A

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

84%

About this property

Great office opportunity in a beautiful and well maintained low rise building downtown Brampton. Steps to every amenity imaginable and in very close proximity to and abundance of free municipal parking at city hall and 4 storey parking structure. The building backs onto the future site of the new centre for innovation to be constructed and will benefit from all of the ongoing and proposed projects happening downtown Brampton. Projects include ongoing streetscape upgrades, re-development of Garden Square and Ken Whillans Square, huge upgrades to transit and the Riverwalk which will divert flood risk from downtown Brampton intensifying development opportunities in the downtown. Excellent opportunity for any professional office user. Currently built out with a mix of private offices, boardroom, reception area, kitchenette, washrooms and open area. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$68K

Annual cash flow

$-15K

Cash-on-cash

-3.26%

DSCR

0.82

Going-in cap

4.56%

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

79,691

Households

30,313

Median income

$63,000

Median age

42.2

Daytime population

103,228

5-yr growth

6.8%

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

Secure deal room

Confidential diligence documents for 200 - 32 QUEEN STREET W, Brampton (Downtown Brampton).

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.