88 MAIN STREET, Sundridge
88 MAIN STREET, Sundridge, ON P0A1Z0
$730,000 total
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Asset Class
Retail
Size
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Building class
A
Zoning
CNC — Neighbourhood Commercial
$ / SF
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Occupancy
93%
About this property
Strategic commercial multi-use investment asset positioned in the high-visibility downtown core of Sundridge. Located at 88 Main Street, this versatile property features a sought-after four-unit configuration, offering an ideal portfolio balance of two premium main-floor commercial retail/office spaces and two independent, spacious upper-level residential apartments. By balancing commercial tenancies with high-demand residential rentals, this diversified income profile significantly mitigates vacancy risk while securing multi-stream cash flow. Well-maintained and offering a low-maintenance operational structure, this asset provides an excellent turnkey solution for a hands-off investor or an exceptional live-work opportunity for an owner-user. Situated steps from central municipal amenities, this represents a premier acquisition opportunity for private wealth or commercial real estate investors looking to expand into a growing Northern Ontario market. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$41K
Annual cash flow
$443
Cash-on-cash
0.20%
DSCR
1.01
Going-in cap
5.60%
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
110,568
Households
38,276
Median income
$119,500
Median age
33.7
Daytime population
125,930
5-yr growth
7.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 88 MAIN STREET, Sundridge.
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.