1018 WATERDOWN ROAD, Burlington (Bayview)
1018 WATERDOWN ROAD, Burlington (Bayview), ON L7T1N3
$1.6M total
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Asset Class
Land
Size
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Building class
B
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
91%
Lot Size
0.14 ac
About this property
MXG zoned lot 40 X 153 sq ft., conveniently located on a bus route with easy access to major HWY's as well as within walking distance to Aldershot GO. Easy access to amenities is at your fingertips, whether you go up to the town of Waterdown with its shops, or the Bruce Trail, or down, & chose the RBG, LaSalle Park or Hidden Valley Park for a relaxed outing. Currently the site of Aldershot Farmers Market. Redevelopment opportunity to build 11 stories - as of right - plus the opportunity to seek additional height with a 29-storey building having received approval directly across the street. Properties previously had single-family homes on them, so all the services are there. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$62K
Annual cash flow
$-23K
Cash-on-cash
-5.03%
DSCR
0.73
Going-in cap
4.03%
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
121,552
Households
47,209
Median income
$68,500
Median age
38
Daytime population
180,621
5-yr growth
0.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 1018 WATERDOWN ROAD, Burlington (Bayview).
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.