Business For Sale · Retail

407 VETERANS DRIVE, Brampton (Northwest Brampton)

407 VETERANS DRIVE, Brampton (Northwest Brampton), ON L7A4Y9

Price on request

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Asset Class

Retail

Size

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Building class

A

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

89%

About this property

Excellent opportunity to lease ground floor commercial space at 407 Veterans Dr, Brampton! Featuring a separate entrance directly from Wanless Drive. This Versatile Space includes a private 2-piece washroom, foyer and closet. Zoned R3E-7.0-2219, Allowing a variety of potential commercial uses including professional offices, Real Estate, Accounting, Insurance, Health Care Practitioner Offices, Person Service Shops, Retail Establishments, Art & Photographgy studio, Commercial and technical schools, Fitness centres and other permitted uses. Ideal for professionals, entrepeneurs and small business owners looking to establish or expand their business in a growing Brampton Community. Tenant and Tenant's representative to verify permitted uses, zoning compliance, licensing and any required municipal approvals with the city of Brampton. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$75K

Annual cash flow

$-8K

Cash-on-cash

-1.83%

DSCR

0.90

Going-in cap

4.99%

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

50,568

Households

21,424

Median income

$93,500

Median age

44.7

Daytime population

70,700

5-yr growth

4.5%

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

Secure deal room

Confidential diligence documents for 407 VETERANS DRIVE, Brampton (Northwest Brampton).

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.