Business For Sale · Office

205 - 235 LAKESHORE ROAD E, Oakville (OO Old Oakville)

205 - 235 LAKESHORE ROAD E, Oakville (OO Old Oakville), ON L6J1H7

Price on request

623 SF

Asset Class

Office

Size

623 SF

Building class

C

Zoning

CB2 — Central Business

$ / SF

—

Occupancy

85%

About this property

Premium Turn key Office space in Prime downtown Oakville location with ELEVATOR ACCESS in avery well maintained building. Above the new downtown Oakville Starbucks, steps from the Townsquare and many restaurants, shops and amenities. Access the second floor from any one of 3entrances, and elevator access. Ample street parking and backs onto municipal parking lot. Gross rent includes utilities, tenant pays for telephone, cable/internet services. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$70K

Annual cash flow

$-13K

Cash-on-cash

-2.97%

DSCR

0.84

Going-in cap

4.65%

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.

Rent roll (estimated)

TenantAreaExpiry
Halcyon Wealth Partners530 SF2032-01

Area demographics

Trade area within 3 miles of the property.

Population

103,188

Households

44,705

Median income

$107,000

Median age

33.3

Daytime population

98,850

5-yr growth

1.9%

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

Secure deal room

Confidential diligence documents for 205 - 235 LAKESHORE ROAD E, Oakville (OO Old Oakville).

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.