Business For Sale · Office

P205 - 454 HESPELER ROAD, Cambridge

P205 - 454 HESPELER ROAD, Cambridge, ON N1R0E3

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

96%

About this property

Newly constructed corner unit on the 2nd floor of a commercial building, offering 1,253 sq. ft. of versatile space on Hespeler Road in Cambridge. Features a reception desk, 5 private offices, a pantry, and an ensuite washroom. Located south of Highway 401, with convenient access to public transit and amenities. Ideal for professional office use and a great opportunity to establish or expand your business. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$84K

Annual cash flow

$775

Cash-on-cash

0.17%

DSCR

1.01

Going-in cap

5.59%

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

67,446

Households

31,166

Median income

$82,000

Median age

41

Daytime population

97,679

5-yr growth

3.3%

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

Secure deal room

Confidential diligence documents for P205 - 454 HESPELER ROAD, Cambridge.

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.