1/86-7 - 1131 GORHAM STREET, Newmarket (Newmarket Industrial Park)
6-7 - 1131 GORHAM STREET, Newmarket (Newmarket Industrial Park), ON L3Y8X9
$2.4M total
—
Asset Class
Industrial
Size
—
Building class
A
Zoning
IM — Medium Industrial
$ / SF
—
Occupancy
83%
Clear height
20 ft
Loading docks
13
About this property
First time offered for sale! Must see 6,206 SF Industrial condominium strategically located between Davis Dr and Mulock Dr, off Harry Walker Pkwy. 2 Units comprised of a mix of warehouse, showroom and office space complete with high-end finishes. Warehouse equipped with additional 1600 sf mezzanine that is not included in the square footage. 11.5 designed parking spaces located in the front and rear of the unit. 2 oversized 14' x 12' drive in doors. Signage opportunity on Gorham St. Convenient access to Hwy 404 SB via Mulock and NB via Davis. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$11K
Projected NOI
$122K
Annual cash flow
$-10K
Cash-on-cash
-1.45%
DSCR
0.92
Going-in cap
5.11%
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
85,747
Households
39,758
Median income
$69,000
Median age
43.1
Daytime population
142,226
5-yr growth
9.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 6-7 - 1131 GORHAM STREET, Newmarket (Newmarket Industrial Park).
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.