For Lease · Office

415 - 2250 BOVAIRD DRIVE, Brampton (Sandringham-Wellington)

415 - 2250 BOVAIRD DRIVE, Brampton (Sandringham-Wellington), ON L6R2J3

$749,000 per sq ft / yr

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Asset Class

Office

Size

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Building class

A

Zoning

CO — Commercial Office

$ / SF

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Occupancy

94%

About this property

Own your space in one of Brampton's most recognizable professional buildings! Bright, move-in ready 1,288 sq ft 4th floor office condo at 2250 Bovaird Dr E, steps from Brampton Civic Hospital, with Medical/Dental use. Well laid out with a welcoming reception and waiting area, an open-concept work/training zone, multiple private offices including a window-lined corner office, a lounge/meeting room and an in-suite kitchenette. Large windows fill the unit with natural light and offer open city views. Clean, modern finishes with plank flooring and LED panel lighting throughout. Currently operating as an education and training centre, the flexible layout suits physicians, dentists, specialists, allied health, accountants, lawyers, insurance and immigration professionals, or tutoring and education providers. Striking glass-and-precast building with a grand lobby and reception desk, multiple elevators, underground parking and busy ground-floor retail and medical neighbours. High-exposure Bovaird Dr location near Sunny Meadow Blvd, with transit at the door and quick access to Hwy 410 and surrounding established communities. Attractively priced per square foot compared with other units currently offered in the building. An outstanding opportunity for owner-users and investors alike! (id:66811)

Financial sandbox

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Estimate
Purchase price$749K
Down payment30% · $225K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$41K

Annual cash flow

$-897

Cash-on-cash

-0.40%

DSCR

0.98

Going-in cap

5.42%

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

92,413

Households

35,765

Median income

$85,500

Median age

44.4

Daytime population

117,016

5-yr growth

8%

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

Secure deal room

Confidential diligence documents for 415 - 2250 BOVAIRD DRIVE, Brampton (Sandringham-Wellington).

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.