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$849,649 total
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Asset Class
Industrial
Size
—
Building class
A
Zoning
IM — Medium Industrial
$ / SF
—
Occupancy
94%
Lot Size
15.968367277318642 ac
Clear height
31 ft
Loading docks
5
Exceptional commercial opportunity with great Highway 16A access and less than 15 minutes from Stony Plain! This expansive 3,100 sq. ft. executive bungalow offers significant commercial potential, featuring 7 bedrooms, 3 full baths, 2 half baths, 3 living areas, a great room with vaulted ceilings, and a pool room with second kitchen. Extensive recent upgrades include new kitchen, appliances, flooring, refinished basement, furnace, hot water tank and septic tank. Property includes double attached garage, triple detached garage/workshop, covered storage, 3-stall barn, fenced and cross-fenced areas, and approximately 2,700 sq. ft. of decking surrounding the inground pool. Licensed dog kennel provides an established business-use opportunity. External wood/coal furnace helps reduce heating costs. Power, gas and sewer hookups are in place for a potential second residence. Excellent highway exposure, accessibility and versatile commercial potential. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$4K
Projected NOI
$53K
Annual cash flow
$6K
Cash-on-cash
2.41%
DSCR
1.13
Going-in cap
6.27%
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.
Trade area within 3 miles of the property.
Population
79,119
Households
32,565
Median income
$87,500
Median age
44.8
Daytime population
102,645
5-yr growth
6.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for Carvel.
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.