Business For Sale · Office

402 - 230 WESTNEY ROAD S, Ajax (South West)

402 - 230 WESTNEY ROAD S, Ajax (South West), ON L1S2C9

Price on request

—

Asset Class

Office

Size

—

Building class

B

Zoning

CO — Commercial Office

$ / SF

—

Occupancy

90%

About this property

Beautifully finished office space available for lease in a contemporary, modern building. The suite offers abundant natural light through large windows, with ample surface parking for staff and visitors. Conveniently located just off the Westney Road and Highway 401 interchange and only minutes from the Ajax GO Station, the property provides excellent accessibility by car or transit. The building features two elevators, sleek and modern common areas, and is surrounded by a full range of nearby amenities. Equipped with Bell and Rogers fibre-optic high-speed internet, it ensures reliable connectivity and efficient operations for your business. $1.00 rate shown for listing purposes only. Actual Net Rent to be negotiated. Excellent opportunity for a variety of permitted uses, including professional office, medical/dental, educational or training facilities, and other service-based or institutional users. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$76K

Annual cash flow

$-7K

Cash-on-cash

-1.54%

DSCR

0.92

Going-in cap

5.08%

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

105,352

Households

39,993

Median income

$124,500

Median age

37.5

Daytime population

136,926

5-yr growth

8.3%

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

Secure deal room

Confidential diligence documents for 402 - 230 WESTNEY ROAD S, Ajax (South 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.