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Office Building For Sale at #115 -3075 HOSPITAL GATE in Oakville, Ontario

4 Sale ID #211505
Updated 29 Apr 2024

Asking Price

$1,050,000

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

N/A

Lot Size

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Building Size

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Premise Summary

Immaculately Renovated And Sophisticated Medical Ground Floor Corner Office For Sale, Currently Set up For Endoscopy Clinic. Unit Is 1400 Sf And Features 6 Offices/Patient Exam Rooms, 5 of which have Large Windows Allowing For Excellent Natural Light. All 6 Rooms Have A Sink! Large open concept reception area with enough square footage for 2 admins. Very spacious and comfortable patient waiting area with high ceilings. One washroom within the unit for staff or patients along with a Utility/Server closet. Prime Signage Exposure Facing Entrance To Oakville-Trafalgar Memorial Hospital. Anchor Tenants Include Life Labs, Gam Diagnostic Imaging, Origins Pharmacy & More! Condo Fee Includes: Heat, A/C, Hydro And Water. **** EXTRAS **** Endoscopy Clinic For Sale & Level 2 OHP Facility. (id:39198)

  • MLS® : #W8116130
  • Date Listed : 05 Mar 2024

Location

Province

Ontario

City

Oakville

Address

#115 -3075 Hospital Gate

Postal Code

L6M4H6

Location Highlights

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Listed by

RE/MAX REAL ESTATE CENTRE INC. Ontario listing

Category

office-buildings

Property Information

Premise Status

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With Accommodation

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Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

1,400

Year Built

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Years Remaining in Current Lease Term

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Renewal Options

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Operational Information

Number of Working Owners

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Current Owner - years

N/A

FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$1,050,000

Asking Price

$1,050,000

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

N/A

NOI help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

N/A

Gross Revenue- annual

N/A

Cash Flow - annual help 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

1,400

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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