For Lease · Land

12201 KEELE STREET, Vaughan

12201 KEELE STREET, Vaughan, ON L6A1S1

Price on request

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Asset Class

Land

Size

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Building class

C

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

88%

Lot Size

4.5 ac

About this property

Approximately 4.5 acres of outdoor land available for lease in a prime Vaughan location at the corner of Keele Street and King-Vaughan Road. The property features a secure, gated yard with security cameras. A nursery/greenhouse is also available separately under a separate listing and may be leased in addition to the outdoor acreage, subject to additional rent. Gross Lease Rate: $7,200 per acre per month, plus HST. Flexible lease terms available. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$74K

Annual cash flow

$-10K

Cash-on-cash

-2.11%

DSCR

0.89

Going-in cap

4.91%

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

40,931

Households

15,450

Median income

$69,000

Median age

40.1

Daytime population

50,732

5-yr growth

6.1%

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

Secure deal room

Confidential diligence documents for 12201 KEELE STREET, Vaughan.

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.