Business For Sale · Office

106 - 40 HILLSIDE DRIVE, Halton Hills (Georgetown)

106 - 40 HILLSIDE DRIVE, Halton Hills (Georgetown), ON L7G4W3

Price on request

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Asset Class

Office

Size

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Building class

B

Zoning

CB2 — Central Business

$ / SF

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Occupancy

84%

Lot Size

605 ac

About this property

This 605 sq. ft. suite features its own reception area, a patient treatment room with water access, a sink and cupboards, and a studio/office work area with its own sink and water access. Two bright above-grade windows bring in natural light, and an office nook offers additional workspace. Two entry doors provide flexibility for client access and treatment flow. The suite also has its own 60-amp service, upgraded by the sublandlord. Located in a well-maintained medical, dental and professional office building behind Georgetown Hospital, with an elevator, ample parking and year-round maintenance. Available December 1, 2027. The landlord will consider a longer-term lease with the new tenant. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$68K

Annual cash flow

$-15K

Cash-on-cash

-3.26%

DSCR

0.82

Going-in cap

4.56%

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

55,531

Households

22,834

Median income

$131,000

Median age

37.1

Daytime population

59,529

5-yr growth

4.8%

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

Secure deal room

Confidential diligence documents for 106 - 40 HILLSIDE DRIVE, Halton Hills (Georgetown).

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.