For Sale · Office

6 - 445 EDGELEY BOULEVARD, Vaughan (Concord)

6 - 445 EDGELEY BOULEVARD, Vaughan (Concord), ON L4K4G1

$1.1M total

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Asset Class

Office

Size

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Building class

B

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

93%

About this property

TURNKEY INDUSTRIAL PROFESSIONAL OFFICE SPACE, FULLY RENOVATED, PRIME VAUGHAN LOCATION!, exceptional industrial unit offers a combination of modern professional office space and a 1200 SqFt Mezzanine space providing additional valuable space for storage and is not included in the stated total square footage. **The nicely designed office area features a welcoming reception area, boardroom, private offices, lounge and kitchenette, provides a professional environment ready for immediate occupancy. Great space with an oversized drive-in shipping door for convenient loading if needed. Strategically located Within walking distance to public transit (Viva & TTC Subway), Vaughan Metropolitan Centre, 400, 407,#7 and surrounded by abundance of local amenities. **Complex apartment recently redone. **Looks amazing (id:66811)

Financial sandbox

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Estimate
Purchase price$1.15M
Down payment30% · $345K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$5K

Projected NOI

$75K

Annual cash flow

$11K

Cash-on-cash

3.32%

DSCR

1.18

Going-in cap

6.54%

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

63,476

Households

23,295

Median income

$100,000

Median age

43.2

Daytime population

86,627

5-yr growth

7.1%

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

Secure deal room

Confidential diligence documents for 6 - 445 EDGELEY BOULEVARD, Vaughan (Concord).

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.