Business For Sale · Industrial

23 - 391 EDGELEY BOULEVARD, Vaughan (Concord)

23 - 391 EDGELEY BOULEVARD, Vaughan (Concord), ON L4K4A7

Price on request

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Asset Class

Industrial

Size

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Building class

B

Zoning

IL — Light Industrial

$ / SF

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Occupancy

82%

Clear height

23 ft

Loading docks

9

About this property

Prime Industrial Unit For Lease In The Highly Desirable Hwy 400 Corridor. Ideally Located InThe Heart Of Vaughan's Concord Industrial District, Offering Excellent Accessibility To Hwy 400, Hwy 407, Hwy 7 And Major Transportation Routes. This Functional Industrial Space Features 16 Ft Clear Height, A Large Drive-In Shipping Door, Private Offices, and Two Washrooms. Versatile Layout Offering An Excellent Combination Of Office And Warehouse Space, Ideal For Variety Of Industrial, Warehousing and Business Uses. Conveniently Located near Major. Commercial Amenities and Surrounded By Established Businesses. Excellent Opportunity For Businesses Seeking & Well-Located And Functional Industrial Space With Outstanding Highway Connectivity. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$66K

Annual cash flow

$-17K

Cash-on-cash

-3.83%

DSCR

0.79

Going-in cap

4.39%

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

54,931

Households

23,003

Median income

$132,000

Median age

34.5

Daytime population

47,497

5-yr growth

2.6%

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

Secure deal room

Confidential diligence documents for 23 - 391 EDGELEY BOULEVARD, 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.