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Business For Sale · Specialty

LOWER LEVEL - 12274 GUELPH LINE, Milton

LOWER LEVEL - 12274 GUELPH LINE, Milton, ON L0P1B0

Price on request

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Asset Class

Specialty

Size

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Building class

C

Zoning

US — Urban Services

$ / SF

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Occupancy

89%

Lot Size

3702.5 ac

About this property

Potential space for a Day Care Centre located in the lower level of Ebeneer United Church in Milton. This picturesque 1.12-acre property is surrounded by lush cornfields and adjacent to the Ebenezer United Church Cemetery (maintained by the City of Milton). The bulding is conveniently situated on Guelph Line, just 10 minutes from Hwy. 401. The leased premises is approximately 3,702.50 SF, featuring an bright open space of about 2,092 SF that can be configured into permanent or partitioned classrooms. The space also includes a full kitchen with ample storage, a children's playroom, storage area, and washrooms. There is potential for the tenant to use the main reception/foyer area on the main floor. The property also offers several options for a dedicated outdoor play area and ample parking for staff, with convenient pick-up/drop-off access for parents. This space is not currently licensed and would likely require modifications to meet all Ministry of Education (MoE) licensing requirements. It is the responsibility of the Tenant to obtain the License. (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

57,572

Households

21,434

Median income

$111,000

Median age

32.7

Daytime population

67,639

5-yr growth

2.9%

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

Secure deal room

Confidential diligence documents for LOWER LEVEL - 12274 GUELPH LINE, Milton.

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.