For Lease · Office

3 - 676 WESTBURNE DRIVE, Vaughan (Concord)

3 - 676 WESTBURNE DRIVE, Vaughan (Concord), ON L4K4V5

$17 per sq ft / yr

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Asset Class

Office

Size

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Building class

A

Zoning

CB2 — Central Business

$ / SF

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Occupancy

96%

About this property

Bright, sun-filled and fully renovated second-floor office space offering a professional, turnkey environment ideal for a variety of business uses. This thoughtfully designed layout features two large private offices, a spacious boardroom perfect for team meetings or client presentations, and an efficient flow that maximizes both productivity and comfort. Strategically located directly across from Maple GO Station, this property provides exceptional accessibility for commuters and clients alike. Surrounded by established amenities, this is a prime opportunity to position your business in a highly visible and convenient location. Ideal for professional firms seeking a polished space with strong transit connectivity and modern finishes. (id:66811)

Financial sandbox

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Estimate
Purchase price$17
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

0.35%

DSCR

1.02

Going-in cap

5.65%

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

67,006

Households

31,206

Median income

$123,500

Median age

38.9

Daytime population

95,311

5-yr growth

0.6%

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

Secure deal room

Confidential diligence documents for 3 - 676 WESTBURNE DRIVE, Vaughan (Concord).

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.