For Sale · Retail

2370 LAURIER STREET, Clarence-Rockland

2370 LAURIER STREET, Clarence-Rockland, ON K4K1L5

$2.3M 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

100%

Lot Size

5000 ac

About this property

Prime Corner Commercial Property For Sale in the fast growing town of Rockland. Sale includes very profitable restaurant business "Benny's All Day". The property includes three buildings on a very large lot. Benny's All Day is major tenant plus hair salon and a residential duplex (2 residential tenants). New HVAC. Large parking lot at rear. Restaurant business owner is property owner. Gross Income: $168k (per annum). Property taxes, Building Insurance, Snow Removal and Utilities (approx. $30k in 2026). Restaurant pays its own utilities. Financials to be provided upon receipt of offer. Great Investment in a booming area. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.30M
Down payment30% · $690K
Interest rate6.25%
Amortization25 years
Occupancy100%
Expense growth2.5%

Monthly debt service

$11K

Projected NOI

$143K

Annual cash flow

$15K

Cash-on-cash

2.20%

DSCR

1.12

Going-in cap

6.20%

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

86,173

Households

36,951

Median income

$64,500

Median age

39.1

Daytime population

92,452

5-yr growth

1.9%

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

Secure deal room

Confidential diligence documents for 2370 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.