For Sale · Retail

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

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

Price on request

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Asset Class

Retail

Size

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Building class

C

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

90%

About this property

Welcome to The Cosmopolitan by Ballantry Homes, Mixed-use condominium development in the heart of Oakville. Unit 4 offers excellent street frontage directly on Oak Park Boulevard, providing outstanding exposure, visibility and convenient access for clients and customers. This versatile commercial unit is ideally suited for a variety of retail and professional uses, including medical and other permitted services. Located in a growing residential community surrounded by condominiums, homes, businesses and everyday amenities, this is an excellent opportunity for a professional or business looking to establish a strong presence in a desirable Oakville location. Excellent exposure, modern building, prime frontage and flexible permitted uses. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$76K

Annual cash flow

$-7K

Cash-on-cash

-1.54%

DSCR

0.92

Going-in cap

5.08%

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

74,089

Households

27,819

Median income

$136,000

Median age

36.6

Daytime population

72,450

5-yr growth

3.6%

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.