Business For Sale · Specialty

Unknown

Unknown, ON

$499,000 total

2,897 SF

Asset Class

Specialty

Size

2,897 SF

Building class

B

Zoning

DC2 — Site Specific

$ / SF

$172

Occupancy

82%

Year Built

2025

About this property

Newly renovated, turnkey daycare opportunity in Lacombe, licensed for up to 60 children and enrolled 8 kids. The sale includes all furniture, fixtures, and appliances, making it a true turnkey operation. All required licenses and permits are in place and approved under Alberta Child Care Licensing, with 21 toddler, 22 preschool, and 17 kindergarten spaces. The daycare is licensed under the government affordability grant program and operates as a non-profit. Features include an approximately 1,900 sq. ft. outdoor play area and 8 parking stalls, including 2 designated accessible stalls. Monthly rent includes operating costs. Please do not visit the premises without a scheduled appointment. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$499K
Down payment30% · $150K
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$30K

Annual cash flow

$2K

Cash-on-cash

1.39%

DSCR

1.08

Going-in cap

5.96%

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
Meridian Health Group717 SF2032-06
Meridian Health Group504 SF2032-06
Northbridge Logistics1,166 SF2032-06

Area demographics

Trade area within 3 miles of the property.

Population

136,528

Households

62,383

Median income

$93,000

Median age

31.2

Daytime population

128,956

5-yr growth

2.7%

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

Secure deal room

Confidential diligence documents for Unknown.

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.