Business For Sale · Industrial

53 & 54 - 173 ADVANCE BOULEVARD, Brampton (Steeles Industrial)

53 & 54 - 173 ADVANCE BOULEVARD, Brampton (Steeles Industrial), ON L6T4Z7

$2.3M total

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Asset Class

Industrial

Size

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Building class

A

Zoning

IB — Industrial Business

$ / SF

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Occupancy

89%

Clear height

23 ft

Loading docks

5

About this property

Great opportunity to buy well Maintained industrial unit in very high demand area. Ideal location, Primeaccess to HWY407, HWY410 & HWY401. Open Layout with no unit separation and Approx. Total area of4500sqft including 300 sf mezzanine floor. Ceiling ht. is 18 feet. Flexible Zoning permitting a WideRange of Industrial and Commercail use. Ample Onsite Parking for employees/customers. Equipped with twodock-Level Shipping doors. Unit includes two finished offices and a Washroom. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.30M
Down payment30% · $690K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$11K

Projected NOI

$120K

Annual cash flow

$-8K

Cash-on-cash

-1.12%

DSCR

0.94

Going-in cap

5.21%

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

140,819

Households

56,764

Median income

$131,500

Median age

35.7

Daytime population

131,598

5-yr growth

7%

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

Secure deal room

Confidential diligence documents for 53 & 54 - 173 ADVANCE BOULEVARD, Brampton (Steeles Industrial).

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.