Business For Sale · Office

#260 - 1101 KINGSTON ROAD, Pickering (Town Centre)

#260 - 1101 KINGSTON ROAD, Pickering (Town Centre), ON L1V1B5

Price on request

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Asset Class

Office

Size

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Building class

B

Zoning

CB2 — Central Business

$ / SF

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Occupancy

95%

About this property

Nicely Finished 2nd Floor Suite In Modern Precast Office Building | Very Close To All Amenities | Minutes To Highway 401 And Pickering Go |Ample Surface Parking | Drt Pulse Bus Stops In Front Of Building And Connects To Go Train And Pickering Town Centre | On-Site Property Management | On-Site Amenities Include: 6 Restaurants, Nail Salon & Spa, Yoga, Caa, Medical And Pharmacy. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$83K

Annual cash flow

$-511

Cash-on-cash

-0.11%

DSCR

0.99

Going-in cap

5.51%

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

140,903

Households

50,666

Median income

$70,500

Median age

41.7

Daytime population

216,855

5-yr growth

5%

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

Secure deal room

Confidential diligence documents for #260 - 1101 KINGSTON ROAD, Pickering (Town Centre).

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.