Business For Sale · Specialty

Unknown

Unknown, ON

$1.7M total

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Asset Class

Specialty

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

98%

Lot Size

0.03443526170798898 ac

About this property

Established and reputable licensed daycare business and commercial strata property for sale in the desirable South Surrey area. The daycare operates from an approximately 1,500 SF extensively renovated strata unit with a licensed capacity of 16 children, including 8 spaces for children aged 3-5 years and 8 spaces for a multi-age group. The facility offers a welcoming, child-friendly environment with ample street parking conveniently located in front of the building. This is a rare opportunity to acquire the daycare business together with the commercial property in a sough-after location. The daycare business is also available separately for $350,000 who do not wish to purchase the property. Contact for more information. NDA required. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.70M
Down payment30% · $510K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$8K

Projected NOI

$129K

Annual cash flow

$35K

Cash-on-cash

6.86%

DSCR

1.37

Going-in cap

7.60%

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

84,351

Households

33,020

Median income

$129,500

Median age

38.7

Daytime population

123,877

5-yr growth

5.1%

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.