Business For Sale · Land

20 CHESTER STREET, St. Thomas

20 CHESTER STREET, St. Thomas, ON N5R1T9

$285,000 total

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Asset Class

Land

Size

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Building class

B

Zoning

AG — Agricultural

$ / SF

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Occupancy

89%

About this property

A Rare Opportunity, 20 Chester Street, is SOLD in CONJUNCTION with 18 Chester St. ( MLS X13696142), TWO LOTS FOR ONE PRICE. ONE Building Lot 60' Frontage x 150' depth. Zoning Permits Residential or Multifamily. Quiet location in South - West side of St. Thomas. Close to Arena, Park, Schools, Hospital, Quick Access to London and Port Stanley. GO Direct. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$285K
Down payment30% · $86K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$11K

Annual cash flow

$-5K

Cash-on-cash

-6.06%

DSCR

0.67

Going-in cap

3.72%

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

82,149

Households

28,331

Median income

$131,000

Median age

35.7

Daytime population

94,195

5-yr growth

8.1%

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

Secure deal room

Confidential diligence documents for 20 CHESTER STREET, St. Thomas.

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.