For Sale · Industrial

547 UNITS 27,28,29 MAIN STREET E, Milton (DP Dorset Park)

547 UNITS 27,28,29 MAIN STREET E, Milton (DP Dorset Park), ON L9T3J2

$2.5M total

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Asset Class

Industrial

Size

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Building class

B

Zoning

IB — Industrial Business

$ / SF

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Occupancy

92%

Clear height

30 ft

Loading docks

2

About this property

PRIME MIXED-USE OPPORTUNITY IN THE HEART OF MILTON.. Strategically located at 547 Main. This highly versatile property sits within Milton's coveted Urban Growth Centre Mixed-Use (UGC-MU) zone. Office updated with a sleek, modern design.Warehouse bright. This 5100 square foot space features a clean, versatile layout perfect for many uses including retail, office, warehouse, commercial services . social services , personal sevices shop and others. Refer to attachment for complete list of uses allowed in UGC-MU zoning.. Good shipping with 3 doors and ample parking in front and back of building. Excellent access for large trucks. for shipping. Unit has 600 volt service. Close proximity to the Milton Mall and the Milton Go Station via Main Street. Office in Unit 26 ( 270 sq.ft. and 1 washroom with separate entrance) leased out till Jan. 31,2027. Showings between 8.30 and 4.30 Monday to Friday. (id:66811)

Financial sandbox

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Estimate
Purchase price$2.45M
Down payment30% · $735K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$11K

Projected NOI

$116K

Annual cash flow

$-20K

Cash-on-cash

-2.74%

DSCR

0.85

Going-in cap

4.72%

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

145,189

Households

59,244

Median income

$132,000

Median age

35.6

Daytime population

210,433

5-yr growth

2.5%

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

Secure deal room

Confidential diligence documents for 547 UNITS 27,28,29 MAIN STREET E, Milton (DP Dorset 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.