For Lease · Land

3832 STEELES AVENUE, Brampton (Parkway Belt Industrial Area)

3832 STEELES AVENUE, Brampton (Parkway Belt Industrial Area), ON L4T4L7

Price on request

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Asset Class

Land

Size

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Building class

B

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

100%

About this property

Location Excellent opportunity to lease this lot. Ideal for a small contractor can park small trailer or work truck. No 18 wheelers or large trailers centrally located land for lease only. No house included in the space. Lot size 18 X 60 feet! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy100%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$89K

Annual cash flow

$6K

Cash-on-cash

1.31%

DSCR

1.07

Going-in cap

5.94%

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

88,640

Households

39,775

Median income

$79,000

Median age

43.6

Daytime population

145,455

5-yr growth

8.6%

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

Secure deal room

Confidential diligence documents for 3832 STEELES AVENUE, Brampton (Parkway Belt Industrial Area).

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.