For Lease · Office

1160 BLAIR Road Unit# M, Burlington

1160 BLAIR Road Unit# M, Burlington, ON L7M1K9

$24 per sq ft / yr

2,049 SF

Asset Class

Office

Size

2,049 SF

Building class

A

Zoning

CO — Commercial Office

$ / SF

$0

Occupancy

93%

About this property

Prime Burlington Central location! Bright and well appointed main floor office space at Blair Business Centre, featuring abundant natural light and ideally located at the main entrance of the building. Conveniently situated just 3 minutes from the QEW and surrounded by a wide range of amenities. The building is home to a strong mix of established medical and professional tenants, including cardiology, internal medicine, pediatrics, chiropractic, physiotherapy, and surgical practices. An excellent opportunity for medical, professional, or other permitted commercial uses. Ample on-site parking available for staff and clients. GE1 zoning permits a broad range of commercial uses. Gross rent includes heat and hydro, subject to permitted use. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$24
Down payment30% · $7
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-5.55%

DSCR

0.70

Going-in cap

3.88%

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
Aurora Legal LLP895 SF2029-09
Aurora Legal LLP475 SF2029-09
Aurora Legal LLP400 SF2028-09
Aurora Legal LLP400 SF2029-09

Area demographics

Trade area within 3 miles of the property.

Population

124,406

Households

52,922

Median income

$107,500

Median age

34.3

Daytime population

152,603

5-yr growth

4.6%

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

Secure deal room

Confidential diligence documents for 1160 BLAIR Road Unit# M, Burlington.

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.