1/238370 WELLINGTON 124 ROAD, Guelph/Eramosa
8370 WELLINGTON 124 ROAD, Guelph/Eramosa, ON N0B2K0
$1.1M total
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Asset Class
Industrial
Size
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Building class
B
Zoning
IL — Light Industrial
$ / SF
—
Occupancy
82%
Lot Size
11.06 ac
Clear height
19 ft
Loading docks
1
About this property
+/-11.06-acre of land offers access from two separate streets and presents an excellent opportunity to replace existing dwelling or redevelop the property for other permitted uses. Existing home is deteriorated/dangerous state. Do not enter. Shop/Garage is usable. Development potential with the possibility to create 2-6 residential lots through a Plan of Subdivision application. Buyer to conduct their own due diligence regarding subdivision potential. **Title matters are being clarified relating to the little stub of land that touches 5th Line** Please review marketing materials before booking a showing. Please do not walk the property without an appointment. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$5K
Projected NOI
$44K
Annual cash flow
$-20K
Cash-on-cash
-5.67%
DSCR
0.69
Going-in cap
3.84%
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
131,083
Households
45,834
Median income
$105,500
Median age
45.1
Daytime population
204,984
5-yr growth
4.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 8370 WELLINGTON 124 ROAD, Guelph/Eramosa.
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.