1/63266 HOMESTEAD Drive, Mount Hope
3266 HOMESTEAD Drive, Mount Hope, ON L0R1W0
$1.1M total
1,500 SF
Asset Class
Specialty
Size
1,500 SF
Building class
C
Zoning
US — Urban Services
$ / SF
$767
Occupancy
99%
About this property
C5 Zoning - OFFICIAL PLAN DESIGNATED - COMMERCIAL - Attention developers! Development potential today! 84 x 264 ft lot between 3 other parcels of land currently planned for redevelopment , directly across the street from Sonoma Homes subdivision! A once in 50 year opportunity for a qualified purchaser! Own this parcel of land before it's gone! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$5K
Projected NOI
$78K
Annual cash flow
$14K
Cash-on-cash
4.12%
DSCR
1.22
Going-in cap
6.78%
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 |
|---|---|---|
| Meridian Health Group | 564 SF | 2032-02 |
| Meridian Health Group | 400 SF | 2032-02 |
| Meridian Health Group | 400 SF | 2032-03 |
| Meridian Health Group | 400 SF | 2032-02 |
Area demographics
Trade area within 3 miles of the property.
Population
69,716
Households
27,131
Median income
$119,000
Median age
34.8
Daytime population
65,480
5-yr growth
8.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 3266 HOMESTEAD Drive, Mount Hope.
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.