For Sale · Industrial

6 - 665 MILLWAY AVENUE, Vaughan (Concord)

6 - 665 MILLWAY AVENUE, Vaughan (Concord), ON L4K3T8

$1.3M total

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Asset Class

Industrial

Size

—

Building class

C

Zoning

IL — Light Industrial

$ / SF

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Occupancy

90%

Clear height

35 ft

Loading docks

3

About this property

Rare, Clean, Vacant, White Boxed Industrial Unit, 2,263 Sq Ft., 18 Ft Clear Height, 12'x11' Receiving Door, RTU Future Curb In Place For Office/Showroom Area, Upgraded 400 Amp / 600 Volt, 3 Phase Service. Rare Ability To Combine with Neighbouring Unit For A Combined Square Footage Of 4,485 Sq Ft. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.29M
Down payment30% · $387K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$68K

Annual cash flow

$-3K

Cash-on-cash

-0.86%

DSCR

0.95

Going-in cap

5.28%

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

123,480

Households

47,514

Median income

$137,000

Median age

40

Daytime population

145,220

5-yr growth

6.9%

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

Secure deal room

Confidential diligence documents for 6 - 665 MILLWAY AVENUE, 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.