1/617535 ISLAND ROAD, South Stormont
17535 ISLAND ROAD, South Stormont, ON K0C1S0
Price on request
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Asset Class
Land
Size
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Building class
A
Zoning
UR — Urban Reserve
$ / SF
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Occupancy
83%
Lot Size
8.4 ac
About this property
Industrial vacant land is available for lease, with options ranging from 0.5 acres to 8.4 acres on a gravel and graded lot. Located just minutes from Cornwall and a short commute to Ottawa, the property offers excellent access to HWY 138, HWY 401, and HWY 417. The facility includes a gravel pad base and access to hydro. There is also an option to fence part or all of the area. Unfenced rates is $2,000 per acre or the option to have it fully fenced, the rate is $3,000 per acre, which includes a 17-foot rolling gate and barbed wire. Lease rates are dependent on the size of the space and are subject to HST. Another option would be a private fenced contractor yard starting at $350 (50ft x 50ft) or bigger. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$67K
Annual cash flow
$-16K
Cash-on-cash
-3.54%
DSCR
0.81
Going-in cap
4.48%
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
51,683
Households
23,265
Median income
$132,000
Median age
37.1
Daytime population
57,355
5-yr growth
0.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 17535 ISLAND ROAD, South Stormont.
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.