For Sale · Office

#201 - 1255 BRYDGES STREET, London East (East M)

#201 - 1255 BRYDGES STREET, London East (East M), ON N5W2C2

Price on request

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Asset Class

Office

Size

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Building class

C

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

98%

About this property

Prime Location With Proximity To Hwy 401 Corridor And To The Downtown Core. High Visibility On Busy Brdyges St With Ample Parking. Fully Air-Conditioned And Sprinklered Throughout. 2nd Floor 3945 SF Available. Tenants To Pay A Low $2.00 Tmi And Their Own Utilities. **New Asphalt And Rooftop Hvac Units** (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$86K

Annual cash flow

$3K

Cash-on-cash

0.74%

DSCR

1.04

Going-in cap

5.76%

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

105,489

Households

40,783

Median income

$113,500

Median age

33.8

Daytime population

92,315

5-yr growth

5.1%

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

Secure deal room

Confidential diligence documents for #201 - 1255 BRYDGES STREET, London East (East M).

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.