Business For Sale · Office

604 - 2250 BOVAIRD DRIVE E, Brampton (Sandringham-Wellington)

604 - 2250 BOVAIRD DRIVE E, Brampton (Sandringham-Wellington), ON L6R0W3

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

83%

About this property

Location! Location! Location! Excellent Opportunity To Lease a well maintained, Move-In-ReadyProfessional Office Space In The Highly Desirable Springdale Professional Centre. It offers aReception Area, And A small Kitchen. The Space Has Laminate Flooring. Located Next To William Osler Health System - Brampton Civic Hospital with an Outstanding Accessibility And Exposure. Energy-Efficient Green Building Is Designed To Provide A Modern And Efficient Workplace Environment at a very low cost. The Ground-Level Facility Features A Range Of Complementary Professional And Healthcare Services, Including A Seminar Room, Urgent Care, Pharmacy, Orthopedic Clinic And Physiotherapy Clinic, Providing Added Convenience For Staff, Clients And Visitors. Easy Access To Major Roads, Public Transit, Shopping, Restaurants And Other Amenities. Tenant will be responsible to pay utilities. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$67K

Annual cash flow

$-16K

Cash-on-cash

-3.54%

DSCR

0.81

Going-in cap

4.48%

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

131,786

Households

48,081

Median income

$70,000

Median age

40.1

Daytime population

149,866

5-yr growth

3.3%

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

Secure deal room

Confidential diligence documents for 604 - 2250 BOVAIRD DRIVE E, 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.