1/548 - 86 RINGWOOD DRIVE, Whitchurch-Stouffville (Stouffville)
48 - 86 RINGWOOD DRIVE, Whitchurch-Stouffville (Stouffville), ON L4A1C3
$849,000 total
1,724 SF
Asset Class
Industrial
Size
1,724 SF
Building class
B
Zoning
IM — Medium Industrial
$ / SF
$492
Occupancy
94%
Clear height
23 ft
Loading docks
3
About this property
Great industrial unit with large drive in door 9'10" x 11'10". Updated front office area and updated two 2 piece washrooms. Move right in. Extra mezzanine area approx. 351 sqft for storage. Great investment as seller prefers to lease back for 1-2 years. EBP (14) zoning attached. Buyer to confirm with Town. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$4K
Projected NOI
$39K
Annual cash flow
$-8K
Cash-on-cash
-3.30%
DSCR
0.82
Going-in cap
4.55%
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.
Rent roll (estimated)
| Tenant | Area | Expiry |
|---|---|---|
| Lakeview Physiotherapy | 1,090 SF | 2030-08 |
| Lakeview Physiotherapy | 522 SF | 2031-08 |
Area demographics
Trade area within 3 miles of the property.
Population
109,438
Households
50,767
Median income
$114,000
Median age
34
Daytime population
178,243
5-yr growth
9.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 48 - 86 RINGWOOD DRIVE, Whitchurch-Stouffville (Stouffville).
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.