Business For Sale · Industrial

10 - 45 ERIC T SMITH WAY, Aurora (Bayview Southeast)

10 - 45 ERIC T SMITH WAY, Aurora (Bayview Southeast), ON L4G7C6

$1.9M total

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Asset Class

Industrial

Size

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Building class

A

Zoning

IL — Light Industrial

$ / SF

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Occupancy

85%

Clear height

28 ft

Loading docks

12

About this property

Incredible opportunity to own a newly built 3,584 sq ft industrial unit in one of the MOST desirable business areas of GTA. Ideally located just minutes from 404 Highway and surrounded by high-end amenities including a York Police Headquarters, Golf Club, Hotels, Industrial and professional offices. High ceilings with mezzanine potential Windows providing natural light In-unit water and private washroom Modern, clean construction zoning E-BP (3490: Ideal for industrial, warehouse/storage, recreational use & much more Perfect for owner-operators or investors looking for premium space in a high-demand, accessible location.Walls have been painted and sealed, 200 amp service installed Electrical lines and receptical in place for more lines to be added.Powered receiving door Don't miss this rare opportunity - book your private showing today! NOT included car hoist and shelving units in the unit (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.95M
Down payment30% · $585K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$9K

Projected NOI

$87K

Annual cash flow

$-21K

Cash-on-cash

-3.55%

DSCR

0.81

Going-in cap

4.48%

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

124,139

Households

54,347

Median income

$117,000

Median age

36.1

Daytime population

117,569

5-yr growth

6.8%

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

Secure deal room

Confidential diligence documents for 10 - 45 ERIC T SMITH WAY, Aurora (Bayview Southeast).

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.