For Lease · Office

201D - 9886 TORBRAM ROAD, Brampton (Northgate)

201D - 9886 TORBRAM ROAD, Brampton (Northgate), ON L6S3L9

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

87%

About this property

**Retail / Office Space for Lease - Prime Plaza Location**Located at the busy intersection of North Park Drive and Hurontario, this second-floor corner unit offers excellent visibility and convenient access in a fully occupied plaza surrounded by complementary businesses.**Property Highlights:**- Suitable for retail, office, and multiple permitted uses- Second-floor corner unit with excellent visibility- Located in a busy, fully occupied plaza- Surrounded by complementary retail and commercial businesses- Quick and convenient access- Ample parking available at both the front and rear of the building An excellent opportunity for businesses looking to establish or expand their presence in a high-traffic commercial plaza. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$72K

Annual cash flow

$-11K

Cash-on-cash

-2.40%

DSCR

0.87

Going-in cap

4.82%

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

127,436

Households

53,868

Median income

$90,000

Median age

42.9

Daytime population

198,215

5-yr growth

1.5%

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

Secure deal room

Confidential diligence documents for 201D - 9886 TORBRAM ROAD, Brampton (Northgate).

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.