Business For Sale · Industrial

8 - 150 ARMSTRONG AVENUE, Halton Hills (Georgetown)

8 - 150 ARMSTRONG AVENUE, Halton Hills (Georgetown), ON L7G5G8

$1.2M total

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Asset Class

Industrial

Size

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Building class

C

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

95%

Clear height

33 ft

Loading docks

9

About this property

A truly rare find these days to find a well maintained condo industrial unit located in the heart of Georgetown for sale!! This +/-1920 sq unit has a fully renovated office area (700 sq ft) is made of up of 5 offices, 1 washroom. The warehouse is a great size +/-1220 sq ft, lots of power 600 volt, 3 phase, 30 amps, stunning epoxy floor, drive in door that is 11' wide and 14' high and leads to 700 feet of mezzanine for extra storage or additional offices. 2-3 year old HVAC system, Ceiling height is 19'9" to under side of deck and 17'9' to underside of joists. Comes with 2 Alarm systems and cameras. Nice quiet complex that is centrally located and has great access to Guelph Street for ease of getting to 401/407. If looking for more space unit 9 can also be included to double the space. This is the perfect opportunity for a small business and manufacturing company, EMP1 zoning. Can be combined with unit 9 to double your space. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.20M
Down payment30% · $360K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$76K

Annual cash flow

$10K

Cash-on-cash

2.68%

DSCR

1.14

Going-in cap

6.34%

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

112,484

Households

45,194

Median income

$99,500

Median age

31.1

Daytime population

176,749

5-yr growth

1.7%

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

Secure deal room

Confidential diligence documents for 8 - 150 ARMSTRONG AVENUE, Halton Hills (Georgetown).

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.