Business For Sale · Office

261 - 1099 KINGSTON ROAD, Pickering (Town Centre)

261 - 1099 KINGSTON ROAD, Pickering (Town Centre), ON L1V1B5

Price on request

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Asset Class

Office

Size

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Building class

A

Zoning

CB2 — Central Business

$ / SF

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Occupancy

98%

About this property

Nicely Finished 2nd Floor Suite In A Newly Renovated Professional Office Building | Very Close To All Amenities | Minutes To Highway 401 And Pickering Go | Ample Surface Parking | Drt Pulse Bus Stops In Front Of Building And Connects To Go Train And Pickering Town Centre | On-Site Property Management | On-Site Amenities Include: 6 Restaurants, Nail Salon, Yoga, Medical And Pharmacy. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$86K

Annual cash flow

$3K

Cash-on-cash

0.74%

DSCR

1.04

Going-in cap

5.76%

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

56,750

Households

19,577

Median income

$131,000

Median age

37.4

Daytime population

55,138

5-yr growth

9.3%

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

Secure deal room

Confidential diligence documents for 261 - 1099 KINGSTON ROAD, Pickering (Town Centre).

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.