Business For Sale · Industrial

57 - 173 ADVANCE BOULEVARD, Brampton (Steeles Industrial)

57 - 173 ADVANCE BOULEVARD, Brampton (Steeles Industrial), ON L6T4Z7

$1.1M total

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Asset Class

Industrial

Size

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Building class

B

Zoning

IL — Light Industrial

$ / SF

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Occupancy

90%

Clear height

25 ft

Loading docks

1

About this property

Prime industrial/commercial unit located on the border of Brampton and Mississauga in ahigh-traffic, high-exposure area. Approx. 2,000 sq ft featuring a functional layout with approx. 500 sq ft of finished office space and approx. 1,500 sq ft warehouse area. Equipped with a truck-level shipping door allowing access for 40-foot trailers, ideal for efficient loading and unloading. Ample parking available. Excellent connectivity with close proximity toHighways 401, 407, and 410. Suitable for a variety of permitted uses including warehousing,distribution, and light industrial operations. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.10M
Down payment30% · $330K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$5K

Projected NOI

$62K

Annual cash flow

$875

Cash-on-cash

0.27%

DSCR

1.01

Going-in cap

5.62%

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

140,386

Households

55,907

Median income

$71,000

Median age

41.1

Daytime population

180,803

5-yr growth

4.5%

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

Secure deal room

Confidential diligence documents for 57 - 173 ADVANCE BOULEVARD, Brampton (Steeles Industrial).

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.