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For Sale · Office

2ND FLOOR - 51 BALDWIN STREET, Whitby (Brooklin)

2ND FLOOR - 51 BALDWIN STREET, Whitby (Brooklin), ON L1M1A2

Price on request

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Asset Class

Office

Size

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Building class

A

Zoning

CO — Commercial Office

$ / SF

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Occupancy

89%

About this property

919 square foot second-floor commercial lease space located in the heart of Downtown Brooklin's Heritage District. C1-VB zoning permits a variety of uses, including: office, retail store, personal service store, clinic, commercial school and more. Situated in a stand-alone building along a high-traffic main street, offering excellent visibility and exposure. Large paved parking area at rear. Conveniently located just minutes north of Highway 407 and close to amenities. Excellent opportunity to establish your business in a desirable downtown location! Gross Lease, Subject To H.S.T., Water Included. Tenant Responsible For Hydro And Natural Gas. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$75K

Annual cash flow

$-8K

Cash-on-cash

-1.83%

DSCR

0.90

Going-in cap

4.99%

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

146,093

Households

57,018

Median income

$71,000

Median age

40.8

Daytime population

185,234

5-yr growth

1.4%

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

Secure deal room

Confidential diligence documents for 2ND FLOOR - 51 BALDWIN STREET, Whitby (Brooklin).

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.