Business For Sale · Office

116-117 - 30 WEST BEAVER CREEK ROAD, Richmond Hill (Beaver Creek Business Park)

116-117 - 30 WEST BEAVER CREEK ROAD, Richmond Hill (Beaver Creek Business Park), ON L4B1G5

Price on request

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Asset Class

Office

Size

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Building class

A

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

86%

About this property

Centrally Located Office Building Close To All Amenities. Close To Highways 407 & 404. A Great Mix Of Open & Private Offices. Plenty Of Surface Parking. The Space Is On The Second Floor And There Is No Elevator Access. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$71K

Annual cash flow

$-12K

Cash-on-cash

-2.69%

DSCR

0.85

Going-in cap

4.74%

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

84,528

Households

32,812

Median income

$92,000

Median age

41

Daytime population

72,391

5-yr growth

4.3%

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

Secure deal room

Confidential diligence documents for 116-117 - 30 WEST BEAVER CREEK ROAD, Richmond Hill (Beaver Creek Business Park).

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.