For Lease · Specialty

31 NORFOLK Street N, Simcoe

31 NORFOLK Street N, Simcoe, ON N3Y3N6

Price on request

2,467 SF

Asset Class

Specialty

Size

2,467 SF

Building class

C

Zoning

US — Urban Services

$ / SF

—

Occupancy

89%

About this property

Prime Downtown Simcoe Commercial Space for Lease! Approx. 2,500 sq. ft. lower-level unit located in a high-visibility area along Simcoe’s main street. Featuring impressive 10 ft ceilings and easy access to nearby public and street parking. Suitable for office space, personal training studio, wellness services, or creative workspace—the possibilities are flexible. Immediate possession available. Contact for more information or to book a viewing. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$75K

Annual cash flow

$-8K

Cash-on-cash

-1.83%

DSCR

0.90

Going-in cap

4.99%

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)

TenantAreaExpiry
Northbridge Logistics1,285 SF2028-06
Northbridge Logistics533 SF2028-06
Northbridge Logistics400 SF2028-06
Northbridge Logistics400 SF2028-06

Area demographics

Trade area within 3 miles of the property.

Population

68,879

Households

26,479

Median income

$65,000

Median age

40

Daytime population

74,312

5-yr growth

6.9%

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

Secure deal room

Confidential diligence documents for 31 NORFOLK Street N, Simcoe.

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.