For Lease · Land

2252 SALEM ROAD N, Ajax (Northeast Ajax)

2252 SALEM ROAD N, Ajax (Northeast Ajax), ON L1T4V7

$350 per sq ft / yr

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Asset Class

Land

Size

—

Building class

A

Zoning

AG — Agricultural

$ / SF

—

Occupancy

83%

Lot Size

20 ac

About this property

King Size Opportunity! 4 to 20 Acres Of Table Land Located On A Main Thoroughfare With Significant Traffic Volume. Zoning Allows Use As A Garden Centre Nursery - Among Other Uses. Possible Uses: Various Agricultural Operations, Garden Centre, Nursery, Tree Farm Etc. Note: Buyer To Confirm Permitted Uses. See Attached Zoning. >credit Check, Financial Verification, Business References Required< (id:66811)

Financial sandbox

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Estimate
Purchase price$350
Down payment30% · $105
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$2

Projected NOI

$16

Annual cash flow

$-4

Cash-on-cash

-3.54%

DSCR

0.81

Going-in cap

4.48%

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

121,782

Households

47,921

Median income

$83,000

Median age

44.5

Daytime population

205,825

5-yr growth

6.9%

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

Secure deal room

Confidential diligence documents for 2252 SALEM ROAD N, Ajax (Northeast Ajax).

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.