2 - 70 EAST BEAVER CREEK ROAD, Richmond Hill (Beaver Creek Business Park)

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For Sale · Office

2 - 70 EAST BEAVER CREEK ROAD, Richmond Hill (Beaver Creek Business Park)

2 - 70 EAST BEAVER CREEK ROAD, Richmond Hill (Beaver Creek Business Park), ON L4B3B2

Price on request

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Asset Class

Office

Size

—

Building class

Zoning

CO — Commercial Office

$ / SF

—

Occupancy

99%

About this property

Completely Renovated! Excellent Opportunity To Secure Office Space For Your Firm/Business. Totally Upgraded Unit In Fantastic East Beaver Creek Location. Nothing To Do But Move In And Produce!!! Wow Your Clients, With Grand Greeting Area (Lobby), 4 Private Offices, Conference/Meeting Room, Kitchen, Renovated Washrooms And Utility Room. Divisible Back Area Boasts Additional Meeting/Board Room + Large Private Office With Own Washroom. High End Finishes Th/Out (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate

Purchase price$1.50M

Down payment30% · $450K

Interest rate6.25%

Amortization25 years

Occupancy99%

Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$88K

Annual cash flow

$5K

Cash-on-cash

1.03%

DSCR

1.06

Going-in cap

5.85%

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

83,701

Households

30,863

Median income

$75,500

Median age

Daytime population

134,865

5-yr growth

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

Secure deal room

Confidential diligence documents for 2 - 70 EAST BEAVER CREEK ROAD, Richmond Hill (Beaver Creek Business Park).

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.