1/1445 ONTARIO STREET, Grimsby (Grimsby East)
45 ONTARIO STREET, Grimsby (Grimsby East), ON L3M3H1
$1.8M total
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Asset Class
Office
Size
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Building class
A
Zoning
CB2 — Central Business
$ / SF
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Occupancy
97%
About this property
Quaint stand alone building located adjacent to Grimsby's charming downtown core. Future area development including close proximity to a planned GO Train Station makes this property a prime location. Features a prominent store front window that opens into a beautiful reception + office area. Ample parking both on site and via a rear right of way access to an additional lot on Carnegie Lane. TRMC zoning allows multiple uses including medical/dental clinics, professional services, financial services, fitness centre, place of entertainment, day care, restaurant, bed + breakfast, veterinarian clinic, etc. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$8K
Projected NOI
$127K
Annual cash flow
$27K
Cash-on-cash
5.00%
DSCR
1.27
Going-in cap
7.04%
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
141,016
Households
57,050
Median income
$126,000
Median age
37.9
Daytime population
201,564
5-yr growth
2.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 45 ONTARIO STREET, Grimsby (Grimsby East).
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.