For Sale · Office

45 MARKET Street, Brantford

45 MARKET Street, Brantford, ON N3T1A1

$1.1M total

9,094 SF

Asset Class

Office

Size

9,094 SF

Building class

B

Zoning

DC1 — Direct Control

$ / SF

$121

Occupancy

86%

About this property

Flexible downtown Brantford property at 45 Market Street offering approximately 9,094 sq. ft. in total, with finished main-floor office accommodation and an unfinished upper level providing potential for future improvements. This property is being sold providing vacant possession, main floor could be split into two units with additional unfinished based above four apartments or further finished office space. The main floor includes a glass-enclosed reception area, numerous private offices, a kitchenette and washrooms. A second office area offers its own reception, two private offices and separate male and female washrooms. The upper level has been gutted back to shell condition, providing an opportunity to design and finish the space to suit future requirements. Building services include forced-air gas heating, central air conditioning and a 200-amp, 208-volt electrical service. The roof and HVAC were completed in 2010. A versatile opportunity combining existing main-floor office finishes with upper-level space ready for customization in downtown Brantford. Property Taxes to be assessed. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.10M
Down payment30% · $330K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$5K

Projected NOI

$52K

Annual cash flow

$-9K

Cash-on-cash

-2.71%

DSCR

0.85

Going-in cap

4.73%

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
Lakeview Physiotherapy2,550 SF2030-12
Lakeview Physiotherapy1,714 SF2030-12
Lakeview Physiotherapy1,177 SF2030-12
Lakeview Physiotherapy2,415 SF2030-12

Area demographics

Trade area within 3 miles of the property.

Population

90,883

Households

35,785

Median income

$82,500

Median age

45.7

Daytime population

87,681

5-yr growth

4.7%

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

Secure deal room

Confidential diligence documents for 45 MARKET Street, Brantford.

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.