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Business For Sale · Office

302 - 2896 SOUTH SHERIDAN WAY, Oakville (WP Winston Park)

302 - 2896 SOUTH SHERIDAN WAY, Oakville (WP Winston Park), ON L6J7L4

Price on request

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Asset Class

Office

Size

—

Building class

B

Zoning

DC1 — Direct Control

$ / SF

—

Occupancy

93%

About this property

Bright & Versatile 1246 Sq. Ft. Office Space for Lease - Sherwood Village Offices, OakvilleAn excellent opportunity to lease 1,168 sq. ft. of bright, professional office space in the highly desirable Sherwood Village Offices. Offering a versatile layout and an attractive business setting, this space is ideal for professional offices, tutoring and learning centres, private educational facilities, training centres, consulting practices and other permitted uses.Conveniently situated in a well-established Oakville business district, the property offers excellent accessibility with easy connections to the QEW, Highway 403, public transit and a variety of nearby amenities.Whether you're expanding an established business or launching a new venture, this well-positioned space offers the flexibility, convenience and professional environment to support your success.Asking rent includes TMI. Tenant to verify permitted uses and all measurements. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$80K

Annual cash flow

$-3K

Cash-on-cash

-0.69%

DSCR

0.96

Going-in cap

5.34%

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

98,651

Households

36,079

Median income

$70,500

Median age

38.6

Daytime population

108,364

5-yr growth

5.5%

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

Secure deal room

Confidential diligence documents for 302 - 2896 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.