For Sale · Office

102-B - 3301 LANGSTAFF ROAD, Vaughan (Concord)

102-B - 3301 LANGSTAFF ROAD, Vaughan (Concord), ON L4K4L2

Price on request

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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

94%

About this property

Private individual office available for sublease within a well-established, professional real estate office. Ideal for a professional in a related field such as mortgage, legal, accounting, insurance, marketing, or other business services seeking a collaborative yet focused work environment. The office is currently being built out and will be fully completed and ready for occupancy March 1st. Subtenant will enjoy shared access to a boardroom and meeting room, with high-speed Wi-Fi included. Phone line to be arranged by the subtenant. Excellent opportunity to work alongside industry professionals in a polished office setting. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$81K

Annual cash flow

$-2K

Cash-on-cash

-0.40%

DSCR

0.98

Going-in cap

5.42%

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

63,379

Households

27,532

Median income

$86,500

Median age

44.2

Daytime population

92,655

5-yr growth

3.3%

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

Secure deal room

Confidential diligence documents for 102-B - 3301 LANGSTAFF ROAD, Vaughan (Concord).

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.