For Sale · Office

39 - 530 SPEERS ROAD, Oakville (QE Queen Elizabeth)

39 - 530 SPEERS ROAD, Oakville (QE Queen Elizabeth), ON L6K0K3

$760,000 total

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Asset Class

Office

Size

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Building class

C

Zoning

CO — Commercial Office

$ / SF

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Occupancy

86%

About this property

Attention all professionals looking to start your own business, your search ends here. Rare opportunity to own a brand new GROUND FLOOR 1300 Sq Ft commercial unit featuring 20 ft clear heights and glass facade bringing in incredible natural light though out the day. Located in one of Oakville's busiest corridors, steps to public transit and just minutes to major highways like 403 & QEW. Current zoning permits a wide range of uses making this a fantastic opportunity with endless possibilities. Turn your vision into reality as the unit is delivered in shell condition with plumbing rough-ins and a rooftop HVAC system already in place allowing full flexibility to design the interior to suit your business needs. Great opportunity for investors or owner-users in a high-demand commercial corridor. Ample of surface parking available. For accuracy Buyer or Their Agent To Confirm Square Footage, Taxes, Maintenance Fees, Permitted uses and all other property related information. Seller will consider option to lease. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$760K
Down payment30% · $228K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$36K

Annual cash flow

$-6K

Cash-on-cash

-2.74%

DSCR

0.85

Going-in cap

4.72%

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

120,427

Households

43,845

Median income

$81,500

Median age

45.6

Daytime population

114,619

5-yr growth

4.8%

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

Secure deal room

Confidential diligence documents for 39 - 530 SPEERS ROAD, Oakville (QE Queen Elizabeth).

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.