3-4 - 1899 IRONOAK WAY, Oakville (JC Joshua Creek)3-4 - 1899 IRONOAK WAY, Oakville (JC Joshua Creek) — photo 23-4 - 1899 IRONOAK WAY, Oakville (JC Joshua Creek) — photo 33-4 - 1899 IRONOAK WAY, Oakville (JC Joshua Creek) — photo 4
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Business For Sale · Retail

3-4 - 1899 IRONOAK WAY, Oakville (JC Joshua Creek)

3-4 - 1899 IRONOAK WAY, Oakville (JC Joshua Creek), ON L6H0N1

Price on request

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Asset Class

Retail

Size

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Building class

B

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

90%

About this property

LOCATED IN A BUSY SHOPPING CENTRE, ANCHORED BY FARM FOY & MANY OTHER NAME BRAND TENANTS THIS 2420 S.F. UNIT HAS EXCELLENT VISIBILITY & A DOUBLE FRONTAGE. EXISTING LEASEHOLDS CONSIST OF AN OPEN KITCHEN & OPEN SPACE BEYOND THE KITCHEN. LEASEHOLDS ARE OF HIGH QUALITY MATERIALS, QUARTZ COUNTERTOPS, HIGH SPEED VENTILATION FAN OVER THE COOKTOP, BUILT IN OVENS, DISHWASHER, & THE FLOOR IS "CONCRETE HARDWOOD" WHICH IS DESIGNED FOR COMMERCIAL APPLICATION IN VERY HIGH TRAFFIC AREAS. MANY EXCLUSIVE USES HAVE ALREADY BEEN GRANTED IN THIS PLAZA SO PLEASE CONFIRM THAT YOUR USE IS ACCEPTABLE. IDEAS FOR THE PREMISES MIGHT BE: A SMALL EVENT SPACE, AN OPEN KITCHEN CAFE (SOUPS, SALADS, SANDWICHES), A WINE BAR WITH TAPAS, A SPECIALTY BAKERY. CHEF OFFERING COOKING LESSONS & PRIVATE DINING EXPERIENCES. THIS SPACE IS INVITING, UNIQUE IN DESIGN, AND READY TO WELCOME YOU. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$76K

Annual cash flow

$-7K

Cash-on-cash

-1.54%

DSCR

0.92

Going-in cap

5.08%

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

75,764

Households

30,792

Median income

$69,500

Median age

41.3

Daytime population

91,322

5-yr growth

0.7%

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

Secure deal room

Confidential diligence documents for 3-4 - 1899 IRONOAK WAY, Oakville (JC Joshua Creek).

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.