For Lease · Specialty

279 ST. VINCENT STREET, Meaford

279 ST. VINCENT STREET, Meaford, ON N4L1B4

$10.5 per sq ft / yr

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Asset Class

Specialty

Size

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Building class

C

Zoning

US — Urban Services

$ / SF

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Occupancy

96%

About this property

The Georgian Bay Community School (GBCS) property is prominently located on Eliza Street at St. Vincent Street, within walking distance of downtown Meaford and the waterfront. This landmark institutional building offers multiple areas and configurations available for lease, with flexible size options including approximately 1,500 to 50,000 square feet. Ownership is seeking high-quality, long-term tenants and is prepared to work collaboratively with prospective users to scale, demise, and configure space to suit operational requirements. A wide range of tenancy sizes and uses may be accommodated, subject to terms and approvals. Meaford is a rapidly growing waterfront community on the shores of Georgian Bay, with a demonstrated commitment to economic development and business growth. The town has experienced notable expansion in retail, commercial, and mixed-use activity in recent years, driven by its proximity to the Greater Toronto Area, four-season lifestyle appeal, and strong local and regional tourism. This property represents a rare opportunity to secure space in a highly recognizable building within a flourishing small-town market. Ideally situated within a short drive of Owen Sound and Collingwood, the location offers immediate access to a wide range of outdoor recreation, amenities, and regional services. The Town of Meaford remains supportive of thoughtful commercial investment and looks forward to welcoming new businesses that contribute to the community's continued growth. (id:66811)

Financial sandbox

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Estimate
Purchase price$11
Down payment30% · $3
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

12.01%

DSCR

1.65

Going-in cap

9.14%

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

141,840

Households

64,866

Median income

$63,000

Median age

40.5

Daytime population

209,137

5-yr growth

4%

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

Secure deal room

Confidential diligence documents for 279 ST. VINCENT STREET, Meaford.

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.