Business For Sale · Office

301 - 2898 SOUTH SHERIDAN WAY, Oakville (WP Winston Park)

301 - 2898 SOUTH SHERIDAN WAY, Oakville (WP Winston Park), ON L6J7L5

Price on request

620 SF

Asset Class

Office

Size

620 SF

Building class

B

Zoning

DC1 — Direct Control

$ / SF

—

Occupancy

83%

About this property

You pay only rent not TMI or utilities for this well-maintained office space. Very bright and spacious upper-level office/ health & wellness/ dental space is approximately 1015 sq. ft. In the heart of Sherwood Village, Oakville this unit has convenient QEW access near the Oakville-Mississauga border. Features four offices, storage, common foyer entry, on-site parking, and large windows with excellent natural light. Gross rent includes TMI and utilities. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$67K

Annual cash flow

$-16K

Cash-on-cash

-3.54%

DSCR

0.81

Going-in cap

4.48%

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.

Rent roll (estimated)

TenantAreaExpiry
Vector Robotics400 SF2034-12
Vector Robotics400 SF2034-12

Area demographics

Trade area within 3 miles of the property.

Population

64,951

Households

25,669

Median income

$93,000

Median age

42.7

Daytime population

65,095

5-yr growth

5.1%

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

Secure deal room

Confidential diligence documents for 301 - 2898 SOUTH SHERIDAN WAY, Oakville (WP Winston 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.