For Sale · Office

110 - 490 GORDON KRANTZ AVENUE, Milton (Walker)

110 - 490 GORDON KRANTZ AVENUE, Milton (Walker), ON L9E1Z5

Price on request

—

Asset Class

Office

Size

—

Building class

B

Zoning

DC1 — Direct Control

$ / SF

—

Occupancy

86%

About this property

Bright and functional 680 sq. ft. commercial office space offering a practical setting for a variety of professional uses. The unit features air conditioning, gas forced-air heating and municipal water, providing year-round comfort for occupants. Includes 1 underground parking space for added convenience. Flexible possession available. Located in the Walker community of Milton, near Tremaine Road and Louis St. Laurent Avenue, with convenient access to surrounding amenities and transportation routes. A well-maintained office opportunity with the essential features for an efficient and comfortable workspace. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$71K

Annual cash flow

$-12K

Cash-on-cash

-2.69%

DSCR

0.85

Going-in cap

4.74%

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

61,135

Households

28,399

Median income

$70,000

Median age

43.5

Daytime population

83,803

5-yr growth

4.4%

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

Secure deal room

Confidential diligence documents for 110 - 490 GORDON KRANTZ AVENUE, Milton (Walker).

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.