Business For Sale · Office

SUITE 310 - 14845 YONGE STREET, Aurora (Aurora Village)

SUITE 310 - 14845 YONGE STREET, Aurora (Aurora Village), ON L4G5G3

Price on request

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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

89%

About this property

High Profile Location * 3 Storey Professional Office Tower Portion of Established Retail Plaza * Anchored by TD Bank & UPS & Locale Restaurant and other Long Term Tenants * Prime Location On Yonge St * Stop Light at Entrance * Public Transit at the Door * Ample Surface Parking * 1297SF * Available Immediately * Opportunity / Ready For Tenant to Build Out / LL will negotiate to assist Tenant Build Out * Corner Office Suite * Utilities included in the T&O * see existing layout sketch attached * * First Year's monthly Rent $3596.00 + hst & Tenant Insurance* * 50 cent per Sq Ft increase each year in Net Rent in Year 2,3,4&5* (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

102,059

Households

43,313

Median income

$132,500

Median age

39.1

Daytime population

114,336

5-yr growth

8.1%

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

Secure deal room

Confidential diligence documents for SUITE 310 - 14845 YONGE STREET, Aurora (Aurora Village).

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.