1/416 - 227 ADVANCE BOULEVARD, Brampton (Steeles Industrial)
16 - 227 ADVANCE BOULEVARD, Brampton (Steeles Industrial), ON L6T4J2
Price on request
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Asset Class
Industrial
Size
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Building class
A
Zoning
IB — Industrial Business
$ / SF
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Occupancy
86%
Lot Size
1600 ac
Clear height
22 ft
Loading docks
11
About this property
Rare Opportunity to Lease an M2 Zoned Commercial Unit! Excellent location in one of the area's most established automotive business districts. A great opportunity to start a new business or expand your existing one. The M2 zoning allows for a variety of uses, Warehousing, Machine Shop and automotive-related uses, mechanic shop, auto parts sales, vehicle accessories, and many other permitted uses (tenant to verify permitted use with the municipality).The unit features a separate front entrance leading to the office/reception area and a separate rear entrance to the garage, providing convenient access for both customers and vehicles. Located in a busy commercial area with excellent exposure and steady walk-in and drive-by traffic. Close to major roads . (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$71K
Annual cash flow
$-12K
Cash-on-cash
-2.69%
DSCR
0.85
Going-in cap
4.74%
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
65,917
Households
24,827
Median income
$88,500
Median age
44.2
Daytime population
60,971
5-yr growth
6.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 16 - 227 ADVANCE BOULEVARD, Brampton (Steeles Industrial).
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.