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Business For Sale · Specialty

2526 LAURIER STREET, Clarence-Rockland

2526 LAURIER STREET, Clarence-Rockland, ON K4K1B1

Price on request

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Asset Class

Specialty

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

88%

Lot Size

0.471 ac

About this property

Rare opportunity to acquire a C-3 zoned property in Clarence-Rockland with excellent potential to operate as a retirement home. This approx. 9,000 sq. ft. building is currently used as a disability home and features 11 private rooms and 9 semi-private rooms, all equipped with en-suite bathrooms for resident comfort. The layout supports services such as meals, laundry, housekeeping, and utilities, making the property well-suited for care-focused operations. It also includes convenient elevator access and is located in a secure, central area close to shops, restaurants, medical services, and essential amenities. The main level offers a welcoming lobby, great room, dining hall, games room, office, and reception area. With flexible C-3 zoning, the property can also be adapted for other commercial uses, offering strong potential for future redevelopment. For more information on operating income and expenses, please reach out to the listing agent. Tenant to pay all utilities + insurance & taxes. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$74K

Annual cash flow

$-10K

Cash-on-cash

-2.11%

DSCR

0.89

Going-in cap

4.91%

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

66,016

Households

28,817

Median income

$86,500

Median age

45.2

Daytime population

65,730

5-yr growth

5.9%

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

Secure deal room

Confidential diligence documents for 2526 LAURIER STREET, Clarence-Rockland.

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.