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$1.3M total
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Asset Class
Office
Size
—
Building class
B
Zoning
CO — Commercial Office
$ / SF
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Occupancy
94%
Bright second-floor corner office condo for sale at 406 North Service Road East in Oakville. This nicely finished, self-contained unit offers a practical layout with 7 private glass offices, a spacious boardroom, an open area for additional desks or collaborative workspace, a kitchen, and two in-suite washrooms. Glass partitions and soft-close sliding doors allow natural light to flow throughout, creating a comfortable and professional setting. Well suited to a variety of professional office uses, with potential for medical or healthcare-related uses, subject to applicable zoning and condominium approvals. Furniture may also be available. Features include ample on-site parking, an electronic entry door lock, and signage exposure at the boulevard and building entrance. Conveniently located just off Trafalgar Road with easy access to the QEW, Oakville GO Station, restaurants, shopping, and nearby amenities. An excellent opportunity for businesses looking to own their office space or investors seeking an office condo in an accessible Oakville location. (id:66811)
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Monthly debt service
$6K
Projected NOI
$87K
Annual cash flow
$17K
Cash-on-cash
4.61%
DSCR
1.25
Going-in cap
6.93%
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
75,655
Households
29,137
Median income
$76,000
Median age
43.1
Daytime population
101,696
5-yr growth
6.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 200 - 406 NORTH SERVICE ROAD E, Oakville (QE Queen Elizabeth).
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.