For Sale · Office

223 - 1135 LANSDOWNE STREET W, Peterborough (Otonabee Ward 1)

223 - 1135 LANSDOWNE STREET W, Peterborough (Otonabee Ward 1), ON K9J7M2

Price on request

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Asset Class

Office

Size

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Building class

B

Zoning

CO — Commercial Office

$ / SF

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Occupancy

97%

Lot Size

2807 ac

About this property

Brand-new 2,807 sq. ft. office space available in the newly built-out office area of this well-maintained and highly visible plaza in Peterborough. Offered in a clean, unfinished shell condition, this spacious unit provides an excellent opportunity for a new tenant or business to create a customized layout and build-out tailored to their specific needs. Ideal for professional, medical, service-based, or office users seeking a modern space with the flexibility to design their own environment. Excellent visibility, ample parking, and a strong mix of neighbouring businesses provide an attractive setting for establishing and growing your business. Bring your vision and create a space designed specifically for your operation. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$85K

Annual cash flow

$2K

Cash-on-cash

0.46%

DSCR

1.02

Going-in cap

5.68%

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

58,095

Households

22,360

Median income

$97,500

Median age

31.5

Daytime population

83,793

5-yr growth

7.5%

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

Secure deal room

Confidential diligence documents for 223 - 1135 LANSDOWNE STREET W, Peterborough (Otonabee Ward 1).

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.