Business For Sale · Office

1 & 1A UPPER - 2900 LANGSTAFF ROAD, Vaughan (Concord)

1 & 1A UPPER - 2900 LANGSTAFF ROAD, Vaughan (Concord), ON L4K4R9

Price on request

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Asset Class

Office

Size

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Building class

C

Zoning

CO — Commercial Office

$ / SF

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Occupancy

95%

About this property

All-Inclusive Rent. TMI And Utilities Included. Beautifully Renovated Upper Floor of Corner Office Unit Offering Approximately 958 Sqft Across Upper Fully Finished Floors In The Heart Of Concord. Each Level Has Its Own Separate Private Entrance, Making This An Ideal Fit For A Single User Or Two Completely Independent Operations. The Upper Level (Approx. 958 Sqft) Offers A Bright Open-Concept Workspace Plus Two Additional Rooms, Its Own Washroom And Its Own Thermostat. Turn-Key And Move-In Ready. Exceptional Location Just Minutes To Highways 400, 407 And Highway 7, With Ample Surface Parking For Staff And Clients. MP1 Zoning Permits A Wide Range Of Professional Office Uses. A Clean , Bright, Professional Space Ready for Immediate Occupancy. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$83K

Annual cash flow

$-511

Cash-on-cash

-0.11%

DSCR

0.99

Going-in cap

5.51%

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

140,402

Households

58,313

Median income

$82,500

Median age

40.5

Daytime population

182,931

5-yr growth

4.5%

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

Secure deal room

Confidential diligence documents for 1 & 1A UPPER - 2900 LANGSTAFF ROAD, 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.