For Lease · Retail

4 - 481 DUNDAS STREET W, Belleville (Belleville Ward)

4 - 481 DUNDAS STREET W, Belleville (Belleville Ward), ON K8P1B6

Price on request

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Asset Class

Retail

Size

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Building class

C

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

83%

About this property

Great Location!!! 1,300 Square Feet Retail/Commercial Space For Lease. Unit # 4 Westgate Plaza.Very Well Located. Ideal Office/ Service Space, Busy Traffic Area, Building Suited For Pizza Store/Grocery/ Day Care/ Medical Office, Ample Customer Parking. Rent is $1,600 per month plus HST Plus Utilities. Rent includes TMI. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

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

81,042

Households

36,605

Median income

$96,500

Median age

31.7

Daytime population

78,975

5-yr growth

7.7%

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

Secure deal room

Confidential diligence documents for 4 - 481 DUNDAS STREET W, Belleville (Belleville Ward).

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.