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Business For Sale · Retail

66 ALBERT STREET, Blandford-Blenheim (Plattsville)

66 ALBERT STREET, Blandford-Blenheim (Plattsville), ON N0J1S0

$2.4M total

9,192.3 SF

Asset Class

Retail

Size

9,192.3 SF

Building class

A

Zoning

CB1 — Low Intensity Business

$ / SF

$261

Occupancy

90%

About this property

Welcome to 66 Albert St., a great investment property opportunity in the heart of Blandford! This mixed-use commercial and residential building was fully renovated from top to bottom just two years ago. The upper level features four massive, beautifully appointed apartments, each offering approximately 1,200 sq. ft. of living space. Every single unit was updated during the recent renovation and showcases a bright, airy layout illuminated by oversized windows, an expansive kitchen boasting modern stainless steel appliances, an inviting living room, and a full 3 piece bathroom. Each apartment comes with a dedicated parking space, and extra parking is also available on the paved parking lot at the rear of the property. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.40M
Down payment30% · $720K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$11K

Projected NOI

$134K

Annual cash flow

$1K

Cash-on-cash

0.14%

DSCR

1.01

Going-in cap

5.58%

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.

Rent roll (estimated)

TenantAreaExpiry
Aurora Legal LLP4,486 SF2028-03
Aurora Legal LLP2,065 SF2028-03
Aurora Legal LLP1,740 SF2028-03

Area demographics

Trade area within 3 miles of the property.

Population

131,933

Households

62,170

Median income

$90,000

Median age

41.2

Daytime population

165,215

5-yr growth

7.7%

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

Secure deal room

Confidential diligence documents for 66 ALBERT STREET, Blandford-Blenheim (Plattsville).

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.