Business For Sale · Office

214 - 5 BRISDALE DRIVE, Brampton (Fletcher's Meadow)

214 - 5 BRISDALE DRIVE, Brampton (Fletcher's Meadow), ON L7A0S9

$969,000 total

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Asset Class

Office

Size

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Building class

B

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

97%

About this property

Beautifully maintained 1,300 sqft Commercial unit on the second floor of a professional building in a prime location. This bright, corner unit has lots of window exposure to the major road for signage. An Absolutely Perfect Commercial Space for A Professional Company such as CPA, Lawyer, Real Estate Agency, Medical and much more. The unit features six individual well-sized offices, perfect for creating dedicated workspaces and with dedicated reception area. Additionally, there is a spacious boardroom, ideal for meetings and collaborative sessions. The unit also includes washroom and kitchenette for added convenience. Tons of Parking and Easy access to the unit. Excellent accessibility for clients and staff with close proximity to Mount Pleasant GO Station, TD Bank, BMO, Fortinos, fitness facilities, and public transit. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$969K
Down payment30% · $291K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$70K

Annual cash flow

$16K

Cash-on-cash

5.50%

DSCR

1.30

Going-in cap

7.19%

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

65,482

Households

22,799

Median income

$77,500

Median age

43.1

Daytime population

57,600

5-yr growth

1.7%

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

Secure deal room

Confidential diligence documents for 214 - 5 BRISDALE DRIVE, Brampton (Fletcher's Meadow).

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.