UPPER - 237 ROMINA DRIVE, Vaughan (Concord)UPPER - 237 ROMINA DRIVE, Vaughan (Concord) — photo 2UPPER - 237 ROMINA DRIVE, Vaughan (Concord) — photo 3UPPER - 237 ROMINA DRIVE, Vaughan (Concord) — photo 4UPPER - 237 ROMINA DRIVE, Vaughan (Concord) — photo 5UPPER - 237 ROMINA DRIVE, Vaughan (Concord) — photo 6UPPER - 237 ROMINA DRIVE, Vaughan (Concord) — photo 7UPPER - 237 ROMINA DRIVE, Vaughan (Concord) — photo 8UPPER - 237 ROMINA DRIVE, Vaughan (Concord) — photo 9
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Business For Sale · Office

UPPER - 237 ROMINA DRIVE, Vaughan (Concord)

UPPER - 237 ROMINA DRIVE, Vaughan (Concord), ON L4K4V3

Price on request

3,080 SF

Asset Class

Office

Size

3,080 SF

Building class

C

Zoning

DC1 — Direct Control

$ / SF

—

Occupancy

91%

About this property

Professional Second Floor Shared Offices Available For Rent In The Heart Of Vaughan With Jane Street Exposure And Steps From The Vaughan Subway. Located Next To Highway 407 And Hwy 400. This Corner Unit With Separate Entrance Leading Is Extremely Clean, With Wrap Around Windows Allowing Natural Sunlight In. This Space Comes Equipped With 2 Bathrooms Open Concept Layout, Reception Use, Boardroom, Kitchenette and Lounge Area And A Good Parking Space. ** The Tenant is responsible to pay $500+HST as the rent amount** (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$77K

Annual cash flow

$-6K

Cash-on-cash

-1.26%

DSCR

0.93

Going-in cap

5.16%

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
Prairie Coffee Roasters1,933 SF2033-04
Prairie Coffee Roasters591 SF2033-04
Vector Robotics400 SF2033-04

Area demographics

Trade area within 3 miles of the property.

Population

125,807

Households

46,260

Median income

$99,500

Median age

34.1

Daytime population

145,713

5-yr growth

2.5%

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

Secure deal room

Confidential diligence documents for UPPER - 237 ROMINA DRIVE, 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.