1/82885 ALTONA ROAD, Pickering
2885 ALTONA ROAD, Pickering, ON L1X0J9
Price on request
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Asset Class
Land
Size
—
Building class
A
Zoning
AG — Agricultural
$ / SF
—
Occupancy
89%
Lot Size
1.259 ac
About this property
1.259 acres of outdoor storage land available for lease in North Pickering. Ideal for contractors, landscapers, and businesses requiring space for vehicles, machinery, equipment, or materials. Conveniently located approximately 5 minutes from Highway 407 and Highway 7, and 10 minutes from Highway 401. Flexible landlord open to considering a variety of uses and lease arrangements. Additional outdoor space available + a 5,000 sq. ft. barn are also available for lease under separate MLS listings. Tenant to independently verify zoning and confirm that its intended use is permitted by the City of Pickering. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$75K
Annual cash flow
$-8K
Cash-on-cash
-1.83%
DSCR
0.90
Going-in cap
4.99%
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
46,728
Households
17,735
Median income
$134,500
Median age
39.6
Daytime population
53,665
5-yr growth
9.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 2885 ALTONA ROAD, Pickering.
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.