For Sale · Office

214 - 5 BRISDALE DRIVE, Brampton (Fletcher's Meadow)

214 - 5 BRISDALE DRIVE, Brampton (Fletcher's Meadow), ON L7A0S9

Price on request

—

Asset Class

Office

Size

—

Building class

B

Zoning

CB2 — Central Business

$ / SF

—

Occupancy

92%

About this property

Beautifully maintained 1,300 sqft Commercial Corner unit on the second floor of a professional building in a prime location. This bright, corner unit offers 7 rooms, lots of window exposure to the major road for signage. An Absolutely Perfect Commercial Space for A Professional Company such as CPA, Lawyer, Real Estate Agency, Medical and much more. The unit features six individual well-sized offices, perfect for creating dedicated workspaces and with dedicated reception area. Additionally, there is a spacious boardroom, ideal for meetings and collaborative sessions. The unit also includes washroom and kitchenette for added convenience. Tons of Parking and Easy access to the unit. Excellent accessibility for clients and staff with close proximity to Mount Pleasant GO Station, TD Bank, BMO, Fortinos, fitness facilities, and public transit. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$79K

Annual cash flow

$-4K

Cash-on-cash

-0.97%

DSCR

0.95

Going-in cap

5.25%

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

120,836

Households

56,705

Median income

$79,000

Median age

43.3

Daytime population

157,860

5-yr growth

7.8%

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

Secure deal room

Confidential diligence documents for 214 - 5 BRISDALE DRIVE, Brampton (Fletcher's Meadow).

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.