For Sale · Office

214 - 33 ERIE AVENUE, Brantford

214 - 33 ERIE AVENUE, Brantford, ON N3S0K7

Price on request

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Asset Class

Office

Size

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Building class

A

Zoning

CO — Commercial Office

$ / SF

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Occupancy

97%

Lot Size

1033 ac

About this property

Establish or expand your business in this bright and spacious 1,033 sq. ft. commercial office unit in Brantford! The unit will be delivered finished, with customization options to suit your business needs. Featuring two separate doors and the potential to configure two separate offices within the same unit, the flexible layout offers a range of possibilities for your professional workspace. Abundant natural light creates an inviting environment for clients and staff. Well suited for law offices, accounting firms, corporate offices, consulting services and other professional businesses. The commercial level features an exclusive lobby with a separate entrance, complemented by elevator access, access to underground parking and a commercial garbage room. Enjoy a convenient location with a good Walk Score, within walking distance of FreshCo Plaza, Elements Casino and the TD Civic Centre. Nearby parks and the Grand River's scenic trails offer an appealing setting for breaks throughout the workday. Also within walking distance is the new $152-million Brantford Sports and Entertainment Centre, currently under construction and planned to accommodate approximately 5,300 spectators. Surrounded by ongoing residential development, established amenities and a growing community, this versatile office presents an excellent opportunity to build your business presence in Brantford. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$85K

Annual cash flow

$2K

Cash-on-cash

0.46%

DSCR

1.02

Going-in cap

5.68%

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

63,563

Households

25,281

Median income

$120,000

Median age

32.2

Daytime population

101,080

5-yr growth

9%

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

Secure deal room

Confidential diligence documents for 214 - 33 ERIE AVENUE, Brantford.

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.