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$1.2M total
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Asset Class
Industrial
Size
—
Building class
C
Zoning
IM — Medium Industrial
$ / SF
—
Occupancy
95%
Clear height
33 ft
Loading docks
9
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)
Adjust the deal assumptions — returns recalculate instantly.
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.
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.
Confidential diligence documents for 8 - 150 ARMSTRONG AVENUE, Halton Hills (Georgetown).
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.