Business For Sale · Office

64-1-2 - 6191 MAYFIELD ROAD, Brampton (Vales of Castlemore North)

64-1-2 - 6191 MAYFIELD ROAD, Brampton (Vales of Castlemore North), ON L6P4R9

Price on request

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Asset Class

Office

Size

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Building class

B

Zoning

CO — Commercial Office

$ / SF

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Occupancy

82%

About this property

Newly Finished Office Space in a Professional Law Office, located in a new Retail Commercial Plaza strategically located at the Brampton/Caledon Border! Up to 2 Office Rooms available for Sub-Lease. Each Office is approximately 8' x 8' with privacy door, can be leased as 1 or 2 offices depending on needs of Tenant. Legal professionals (lawyers/paralegals) and immigration consultants. Available shared Boardroom (17' x 8') upon scheduled reservation basis. Modern, bright and welcoming reception area is perfect for welcoming your clients. Lots of parking available on a first come first serve basis. 10 ft Ceilings, Great opportunity to locate your business in ready to use space in an already established Law Office. Monthly Lease is Gross amount plus HST. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$66K

Annual cash flow

$-17K

Cash-on-cash

-3.83%

DSCR

0.79

Going-in cap

4.39%

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

125,467

Households

47,968

Median income

$65,500

Median age

42.3

Daytime population

203,385

5-yr growth

7%

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

Secure deal room

Confidential diligence documents for 64-1-2 - 6191 MAYFIELD ROAD, Brampton (Vales of Castlemore North).

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.