For Sale · Office

213 - 33 ERIE AVENUE, Brantford

213 - 33 ERIE AVENUE, Brantford, ON N3S0K7

$659,900 total

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Asset Class

Office

Size

—

Building class

C

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

91%

Lot Size

1367 ac

About this property

Exceptional Opportunity to Own a Brand-New Commercial Condominium in Brantford! Welcome to Grand Bell Tower II, a newly constructed mixed-use development at 33 Erie Avenue, featuring 226 residential condominium units above the commercial level. Why lease when you can own your commercial space and build equity in one of Brantford's growing neighbourhoods? Situated on the second floor, this versatile commercial unit offers 127 square metres (approximately 1,367.02 sq. ft.) of space, ideally suited for a variety of professional uses, including law offices, accounting firms, corporate offices, consulting services, and other professional businesses. The commercial level features an exclusive lobby with a separate entrance and access to underground parking, providing a convenient and professional environment for both clients and staff. Units offer the flexibility to be customized to suit your business needs, allowing you to create a space tailored to your operations and professional requirements. Additional commercial units are also available, offering opportunities to accommodate businesses requiring larger square footage or expanded office space. Ideally located within walking distance of FreshCo Plaza, Elements Casino, the TD Civic Centre, and the new $152-million Brantford Sports and Entertainment Centre, currently under construction and planned to accommodate approximately 5,300 spectators. Surrounded by ongoing residential development, established amenities, and a growing community, this location presents an excellent opportunity for businesses looking to establish or expand their presence in Brantford. Whether you're an owner-operator seeking a permanent business location or an investor looking to add commercial real estate to your portfolio, this property offers the opportunity to own in a modern, newly constructed development. Invest in your future and make this exceptional commercial space your own! (id:66811)

Financial sandbox

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Estimate
Purchase price$660K
Down payment30% · $198K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$36K

Annual cash flow

$-1,000

Cash-on-cash

-0.50%

DSCR

0.97

Going-in cap

5.39%

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

105,050

Households

46,335

Median income

$108,000

Median age

31.5

Daytime population

95,366

5-yr growth

6%

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

Secure deal room

Confidential diligence documents for 213 - 33 ERIE AVENUE, Brantford.

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.