Business For Sale · Industrial

4774-4780 WYANDOTTE STREET East, Windsor

4774-4780 WYANDOTTE STREET East, Windsor, ON N8Y1H7

$949,999 total

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Asset Class

Industrial

Size

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Building class

A

Zoning

IL — Light Industrial

$ / SF

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Occupancy

97%

Clear height

23 ft

Loading docks

11

About this property

ABSOLUTELY IDEAL owner occupied (residential and/or commercial) investment opportunity with long term cash flow and an attractive upside! VERY unique 5 unit Res/Com mix building comprised of approx. 8,000sqft + full basement! The residential units are oversized and a must see offering 2 x 2 bed 1 bath w/vaulted loft ceilings, skylights throughout, large kitchens, in-suite laundry, rear sun room and more! The building offers a great mix of open concept layouts, sqft options and LOADS of storage appealing to various tenant types. Historically fully leased w/separate meters and services. Current revenue is apprx.$67,787 gross (tenants pay hydro + gas) with viable projections of $105k+ upon full occupancy. Pillette Village area offers free parking and AAA business presence such as McDonald's, Shoppers and is a stones throw away to Riverside Dr (Peace Fountain and Condos). Great opportunity with a high probability for growth. Detailed financial/marketing package available upon request. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$950K
Down payment30% · $285K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$57K

Annual cash flow

$4K

Cash-on-cash

1.41%

DSCR

1.08

Going-in cap

5.97%

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

71,866

Households

25,343

Median income

$87,500

Median age

44.7

Daytime population

68,358

5-yr growth

1%

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

Secure deal room

Confidential diligence documents for 4774-4780 WYANDOTTE STREET East, Windsor.

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.