Business For Sale · Office

204 - 585 ONTARIO ST S STREET, Milton (TM Timberlea)

204 - 585 ONTARIO ST S STREET, Milton (TM Timberlea), ON L9T2N2

Price on request

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Asset Class

Office

Size

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Building class

B

Zoning

CO — Commercial Office

$ / SF

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Occupancy

89%

About this property

clean modern second floor offices , good for general office use-- no dentists, furniture for sale , 2 washrooms across the hall (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

60,889

Households

23,081

Median income

$121,500

Median age

36.8

Daytime population

83,543

5-yr growth

6.5%

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

Secure deal room

Confidential diligence documents for 204 - 585 ONTARIO ST S STREET, Milton (TM Timberlea).

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.