Business For Sale · Land

9224 & 9230 CREDITVIEW ROAD, Brampton (Credit Valley)

9224 & 9230 CREDITVIEW ROAD, Brampton (Credit Valley), ON L6X0E3

$9.8M total

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Asset Class

Land

Size

—

Building class

C

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

84%

Lot Size

2.7 ac

About this property

9224 & 9230 Creditview Road, Brampton's prime neighbourhood approved for 22 detached homes on approximately 2.7 acres of land. Both parcels are available for sale to developers/builders. *For Additional Property Details Click The Brochure Icon Below* (id:66811)

Financial sandbox

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Estimate
Purchase price$9.75M
Down payment30% · $2.92M
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$45K

Projected NOI

$459K

Annual cash flow

$-82K

Cash-on-cash

-2.79%

DSCR

0.85

Going-in cap

4.70%

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

144,666

Households

53,359

Median income

$115,500

Median age

32.2

Daytime population

167,602

5-yr growth

8.8%

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

Secure deal room

Confidential diligence documents for 9224 & 9230 CREDITVIEW ROAD, Brampton (Credit Valley).

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.