For Sale · Retail

71 VICTORIA STREET W, New Tecumseth (Alliston)

71 VICTORIA STREET W, New Tecumseth (Alliston), ON L9R1T9

$999,000 total

1,490 SF

Asset Class

Retail

Size

1,490 SF

Building class

B

Zoning

CB1 — Low Intensity Business

$ / SF

$670

Occupancy

97%

About this property

Designed by LINEVISION Architects, this is a rare opportunity to acquire a fully reimagined, modern two-storey standalone office or studio in the heart of downtown Alliston. The building has been thoughtfully rebuilt with meticulous attention to detail, using high-quality materials throughout both the interior and exterior. Custom energy-efficient Spanish cedar windows and an impressive, oversized front door create a striking presence along the main street.Inside, the character of the original structure has been beautifully preserved and elevated - with sections of exposed stone foundation, exposed brick, clean architectural lines, soaring ceilings, and abundant natural light combining to create a distinctive, creative workspace suited to a wide range of business uses.The layout includes two bathrooms, a second-floor kitchenette, and pre-installed ducting designed to accommodate a potential third-storey addition. The main floor also features a fully barrier-free washroom - the building's only addition - completed in compliance with Ontario Building Code standards, including grab bars, accessible fixtures, and thoughtful design throughout.With all new electrical and mechanical systems in place, the building offers peace of mind alongside its design appeal.Positioned in one of Canada's fastest-growing communities, Alliston continues to attract a dynamic blend of business, culture, and small-town charm. This property presents an exceptional opportunity for investors or end-users looking for a flexible, design-forward commercial space in a rapidly expanding market. (id:66811)

Financial sandbox

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Estimate
Purchase price$999K
Down payment30% · $300K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$5K

Projected NOI

$66K

Annual cash flow

$11K

Cash-on-cash

3.69%

DSCR

1.20

Going-in cap

6.65%

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
Summit Trades Supply832 SF2034-03
Summit Trades Supply605 SF2034-03

Area demographics

Trade area within 3 miles of the property.

Population

55,609

Households

25,301

Median income

$98,000

Median age

31.6

Daytime population

80,196

5-yr growth

5.2%

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

Secure deal room

Confidential diligence documents for 71 VICTORIA STREET W, New Tecumseth (Alliston).

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.