For Lease · Office

2 - 1 THIRD AVENUE, Orangeville

2 - 1 THIRD AVENUE, Orangeville, ON L9W1G8

Price on request

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Asset Class

Office

Size

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Building class

C

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

83%

About this property

Bright and spacious upstairs office for lease! This open-concept space features exposed brick accents, a small storage closet, and a flexible layout with room for multiple desks or separate office and lounge areas. Includes access to a full kitchen, a 2-piece bathroom, and two parking spots. Ideal for accountants, consultants, therapists, designers, and entrepreneurs seeking a professional setting within a strong business community. Whether you need a private office, studio, consulting space, or creative workspace, this versatile unit offers plenty of options to suit your business needs. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$67K

Annual cash flow

$-16K

Cash-on-cash

-3.54%

DSCR

0.81

Going-in cap

4.48%

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

139,116

Households

51,033

Median income

$116,000

Median age

35.4

Daytime population

120,974

5-yr growth

1.6%

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

Secure deal room

Confidential diligence documents for 2 - 1 THIRD AVENUE, Orangeville.

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.