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Price on request
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Asset Class
Office
Size
—
Building class
A
Zoning
DC1 — Direct Control
$ / SF
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Occupancy
95%
Lot Size
1509 ac
Rare opportunity to sublease a beautifully finished, fully furnished professional office space in one of Pickering's desirable office buildings! Forget the expense, time and hassle of setting up a new office. Simply bring your computers and get to work! This modern, upscale workspace offers a professional atmosphere that will impress clients and elevate your business from day one. Featuring 3 private offices plus a spacious open-concept work area with its own door separating it from the shared facilities, providing privacy and flexibility for your team. Enjoy access to a stunning glass-enclosed boardroom, welcoming reception area, kitchen and eating area, all shared with the existing tenant. Stylish, quality office furniture is included in the monthly rent, making this a truly turnkey opportunity. Located in a well-maintained professional office building surrounded by established businesses, just steps from Pickering Town Centre, restaurants, shopping and public transit, with convenient access to GO Transit and Highway 401. Ideal for professionals, consultants and growing businesses looking for an impressive office without a long-term commitment. Sublease available until November 29, 2028, with potential for renewal subject to head landlord approval. Approximately 1,509 sq. ft. including an allocation for shared facilities. Monthly rent of $3,500 + HST. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$83K
Annual cash flow
$-511
Cash-on-cash
-0.11%
DSCR
0.99
Going-in cap
5.51%
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.
Trade area within 3 miles of the property.
Population
52,038
Households
18,417
Median income
$90,500
Median age
45
Daytime population
78,543
5-yr growth
1.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 205 - 1315 PICKERING PARKWAY, Pickering (Town Centre).
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.