For Sale · Retail

1057 KOSHLONG LAKE ROAD, Dysart et al (Dysart)

1057 KOSHLONG LAKE ROAD, Dysart et al (Dysart), ON K0M1S0

$579,000 total

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Asset Class

Retail

Size

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Building class

B

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

94%

Lot Size

3.48 ac

About this property

History meets limitless potential. Steeped in a local heritage, this striking 4545 square foot industrial masterpiece offers a rare opportunity to own a piece of architectural history. Originally built in 1905 as the renowned "Westinghouse Factory Historic Site," this iconic building - now affectionately known as the "Charcoal House" - is ready for its next grand chapter. Constructed with the enduring craftsmanship of a bygone era, the building has a robust, industrial backbone designed to withstand the test of time. Cast-in-place reinforced concrete. Solid concrete columns, heavy duty beams, and a durable concrete roof deck. Classic masonry infill walls that ooze raw, urban character. Whether you are looking to expand your business or invest in a growing community, Charcoal House is a blank canvas awaiting your vision. Create an inspiring loft style tech hub or creative agency. Stand out with a unique, chic storefront, or create an ultimate, reliable base of operations for plumbers, electricians, woodworkers or builders. Capitalize on the booming demand for secure, solid storage solutions. Structures with this level of historical character and structural integrity rarely reach the market. Don't miss your chance to redefine a piece of Donald's history. This property is not designated under the Ontario Heritage Act. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$579K
Down payment30% · $174K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$38K

Annual cash flow

$6K

Cash-on-cash

3.58%

DSCR

1.19

Going-in cap

6.61%

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

109,245

Households

44,597

Median income

$68,000

Median age

40.6

Daytime population

148,771

5-yr growth

0.8%

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

Secure deal room

Confidential diligence documents for 1057 KOSHLONG LAKE ROAD, Dysart et al (Dysart).

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.