Business For Sale · Office

2ND FL - 2393 LAKESHORE ROAD W, Oakville (BR Bronte)

2ND FL - 2393 LAKESHORE ROAD W, Oakville (BR Bronte), ON L6L1H4

Price on request

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Asset Class

Office

Size

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Building class

A

Zoning

CB2 — Central Business

$ / SF

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Occupancy

94%

About this property

Corner building with professional office space featuring 3 private offices, board room, huge common area. Kitchen and full bathroom located on the second floor fronting on lakeshore road in the heart of Oakville with great signage exposure. Ideal for all types of office relate businesses. **EXTRAS** Ample windows, laminate floors, storage area, private entrance, full kitchen and bathroom, french doors and more. T.M. I. Is included in the rent, $2900 per month gross plus 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
Occupancy94%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$81K

Annual cash flow

$-2K

Cash-on-cash

-0.40%

DSCR

0.98

Going-in cap

5.42%

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

139,903

Households

49,697

Median income

$65,000

Median age

40.7

Daytime population

207,710

5-yr growth

1.2%

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

Secure deal room

Confidential diligence documents for 2ND FL - 2393 LAKESHORE ROAD W, Oakville (BR Bronte).

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.