90-114 WEBER Street N, Waterloo
90-114 WEBER Street N, Waterloo, ON N2J3G8
$9.8M total
15,634 SF
Asset Class
Retail
Size
15,634 SF
Building class
B
Zoning
CNC — Neighbourhood Commercial
$ / SF
$624
Occupancy
83%
Lot Size
1.62 ac
About this property
1.62 acre future development site currently improved with 15,634 SF fully leased income producing retail plaza. C1-60 high density zone allowing for 18 storeys and 675 bedrooms per hectare. Located on the corner of Weber Street N. and Lincoln Road with easy access to Highways #7/8 and #401. High density residential area, high exposure and high traffic. Ample onsite free parking. Neighbouring Tenants include Sobey's, Walmart, Shoppers Drug Mart, Tim Horton's and many more. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$45K
Projected NOI
$471K
Annual cash flow
$-70K
Cash-on-cash
-2.38%
DSCR
0.87
Going-in cap
4.83%
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.
Rent roll (estimated)
| Tenant | Area | Expiry |
|---|---|---|
| Aurora Legal LLP | 6,372 SF | 2033-01 |
| Aurora Legal LLP | 3,240 SF | 2033-01 |
| Aurora Legal LLP | 3,395 SF | 2033-01 |
Area demographics
Trade area within 3 miles of the property.
Population
50,431
Households
23,713
Median income
$118,500
Median age
35.6
Daytime population
49,068
5-yr growth
6.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 90-114 WEBER Street N, Waterloo.
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.