For Lease · Office

U4 - 117 WELLINGTON STREET E, Aurora (Aurora Village)

U4 - 117 WELLINGTON STREET E, Aurora (Aurora Village), ON L4G1H9

Price on request

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Asset Class

Office

Size

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Building class

A

Zoning

CB2 — Central Business

$ / SF

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Occupancy

92%

About this property

Excellent opportunity to lease out professional office space in a fantastic location of Aurora. Steps to the GO station, easy access to the highway! Located on second floor, furnished unit with access to reception area, kitchenettes, media studio, fitness centre and boardroom. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$79K

Annual cash flow

$-4K

Cash-on-cash

-0.97%

DSCR

0.95

Going-in cap

5.25%

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

75,551

Households

29,794

Median income

$112,000

Median age

32.2

Daytime population

71,829

5-yr growth

2.9%

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

Secure deal room

Confidential diligence documents for U4 - 117 WELLINGTON STREET E, Aurora (Aurora Village).

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.