For Sale · Retail

4 - 150 OAK PARK BOULEVARD, Oakville (RO River Oaks)

4 - 150 OAK PARK BOULEVARD, Oakville (RO River Oaks), ON L6H0E7

$899,999 total

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Asset Class

Retail

Size

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Building class

A

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

88%

About this property

The Cosmopolitan Oak Park - Ideal for Medical Clinic Exceptional opportunity to own a premium turnkey commercial unit in the highly sought-after Trafalgar & Dundas corridor in Oakville. Located within The Cosmopolitan Oak Park, this street-level unit is ideally suited for a medical clinic, healthcare practice, or professional office, offering excellent exposure in one of Oakville's fastest-growing mixed-use communities. Built in 2020, the unit offers flexible zoning permitting a variety of uses, including medical, professional office, salon, retail, and restaurant. Currently operating as a law office, the space features 4 private offices, a spacious reception/waiting area, and a private washroom. The functional layout provides an excellent setup for conversion into examination or consultation rooms, making it particularly attractive for family physicians, specialists, walk-in clinics, physiotherapy, chiropractic, dental, wellness, and other healthcare professionals, subject to applicable approvals. Situated at street level with prime frontage along Oak Park Blvd, the unit benefits from excellent visibility, pedestrian activity, and traffic from the surrounding high-density residential community. The property will be delivered vacant on possession, allowing an end-user to establish and customize their own medical or professional practice. It also represents an attractive investment opportunity in a growing Oakville neighbourhood. Surrounded by established and expanding residential communities, major amenities, and strong local demographics, this is a rare opportunity to secure a premium medical or commercial space in one of Oakville's most desirable high-exposure locations. (id:66811)

Financial sandbox

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Estimate
Purchase price$900K
Down payment30% · $270K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$55K

Annual cash flow

$6K

Cash-on-cash

2.05%

DSCR

1.11

Going-in cap

6.16%

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

42,156

Households

16,308

Median income

$115,000

Median age

32.1

Daytime population

53,116

5-yr growth

1.9%

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

Secure deal room

Confidential diligence documents for 4 - 150 OAK PARK BOULEVARD, Oakville (RO River Oaks).

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.