For Sale · Office

14 PRINCESS STREET, Huntsville

14 PRINCESS STREET, Huntsville, ON P1H1P2

$649,900 total

1,476 SF

Asset Class

Office

Size

1,476 SF

Building class

C

Zoning

CO — Commercial Office

$ / SF

$440

Occupancy

98%

Lot Size

0.15 ac

About this property

Rare opportunity in the heart of Downtown Huntsville! Situated within the Central Business District, this beautifully updated property offers exceptional flexibility for both residential living and future commercial possibilities. Whether you're looking for a charming home, a prime location for your business, or a live-work investment, this property delivers.The home has been tastefully updated with modern finishes and features a bright, open-concept living and dining area that creates a warm and inviting atmosphere. Upstairs, unwind in the spa-inspired bathroom complete with a corner Jacuzzi tub and a glass walk-in shower. Outside, the possibilities continue with a detached 12' x 24' insulated shop on a concrete pad with hardwood floors-ideal as a studio, workshop, office, or future business space. A full unfinished basement provides abundant storage and laundry facilities, while the attached carport, backyard shed, stone patio, and fire pit add everyday convenience and outdoor enjoyment. Patio door from dining room where you can BBQ. Parking is never an issue with space for multiple vehicles, plus the added advantage of being directly beside municipal parking and an EV charging station. With Central Business District zoning allowing for a variety of future uses, this is a rare chance to secure a highly visible downtown property with incredible potential. Live, work, invest-or all three-in one of Huntsville's most desirable locations. Ask for list of zoning allowances. (id:66811)

Financial sandbox

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Estimate
Purchase price$650K
Down payment30% · $195K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$41K

Annual cash flow

$5K

Cash-on-cash

2.42%

DSCR

1.13

Going-in cap

6.27%

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)

TenantAreaExpiry
Vector Robotics1,452 SF2032-01

Area demographics

Trade area within 3 miles of the property.

Population

80,154

Households

34,004

Median income

$122,000

Median age

35.1

Daytime population

79,779

5-yr growth

4.5%

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

Secure deal room

Confidential diligence documents for 14 PRINCESS STREET, Huntsville.

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.