For Lease · Office

20 MAIN Street Unit# 6 & 7, Waterdown

20 MAIN Street Unit# 6 & 7, Waterdown, ON L0R2H0

$32 per sq ft / yr

3,000 SF

Asset Class

Office

Size

3,000 SF

Building class

B

Zoning

CB2 — Central Business

$ / SF

$0

Occupancy

98%

About this property

Rare opportunity to secure a large, fully built-out office space in the heart of Waterdown Village! NO TMI. Units 6 & 7 at 20 Main Street North feature an exceptionally functional layout with 12 private offices/treatment rooms, 3 washrooms, a kitchen, spacious open work areas and approximately 6-8 parking spaces available. Ideal for professional, medical, financial, personal service, educational or other commercial users. Located in the established Waterdown Mews complex with excellent Main Street exposure, convenient on-site parking and easy access to Dundas Street, Waterdown Road, Burlington and Hamilton. C5a zoning provides flexibility for a broad range of permitted commercial uses including office, medical clinic, financial establishment, laboratory, personal service, commercial school, retail and more. An excellent opportunity for a growing business looking for a prominent Waterdown location with space to accommodate a larger team. TMI included in the rent price. Water flat fee to be paid monthly. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$32
Down payment30% · $10
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$2

Annual cash flow

$0

Cash-on-cash

1.48%

DSCR

1.08

Going-in cap

5.98%

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.

Rent roll (estimated)

TenantAreaExpiry
Halcyon Wealth Partners1,543 SF2034-05
Halcyon Wealth Partners730 SF2034-05
Halcyon Wealth Partners664 SF2027-05

Area demographics

Trade area within 3 miles of the property.

Population

45,995

Households

18,286

Median income

$86,000

Median age

44.1

Daytime population

71,799

5-yr growth

1.7%

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

Secure deal room

Confidential diligence documents for 20 MAIN Street Unit# 6 & 7, Waterdown.

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.