For Lease · Office

UNIT 102 - 3035 ONTARIO STREET, Stratford

UNIT 102 - 3035 ONTARIO STREET, Stratford, ON N5A6S5

Price on request

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Asset Class

Office

Size

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Building class

C

Zoning

CO — Commercial Office

$ / SF

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Occupancy

82%

About this property

Very nice, high-quality office space for lease with major highway exposure and lots of parking. 2096.83 sq ft on the main floor with signage. This professional building was built in 2016 featuring an elevator, paved parking, professional sign and exposure, wheelchair accessibility, concrete floors and 24 hour access. Call today for details. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$66K

Annual cash flow

$-17K

Cash-on-cash

-3.83%

DSCR

0.79

Going-in cap

4.39%

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

137,756

Households

62,788

Median income

$100,000

Median age

32.1

Daytime population

165,333

5-yr growth

1.4%

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

Secure deal room

Confidential diligence documents for UNIT 102 - 3035 ONTARIO STREET, Stratford.

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.