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$6.0M total
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Asset Class
Industrial
Size
—
Building class
B
Zoning
IL — Light Industrial
$ / SF
—
Occupancy
90%
Lot Size
1.003 ac
Clear height
31 ft
Loading docks
13
Rare opportunity to acquire a 3,200 SF freestanding industrial building on a 1.003-acre site with an expansive paved yard in central Milton. The property combines functional shop and office space with substantial yard capacity for operators requiring on-site parking and storage, subject to permitted uses. The shop features twenty-foot (20') clear height, three (3) drive-in doors, and a washroom with a private shower. An additional extra-wide storage area within the building, located behind the shop, provides valuable space for equipment, materials, or inventory, with separate exterior access for added convenience. A welcoming reception area includes a customer washroom, while second-floor office space includes a boardroom and a private washroom. Minutes from Highway 401 and approximately 670 metres from Milton GO Station, the location provides convenient access across the GTA and rail service to Toronto's Union Station. Zoned UGC-MU-H and situated within Milton's Central Business District and the Milton GO Protected Major Transit Station Area, the property also offers longer-term redevelopment potential, subject to applicable approvals. Flexible terms available. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$28K
Projected NOI
$287K
Annual cash flow
$-46K
Cash-on-cash
-2.53%
DSCR
0.86
Going-in cap
4.78%
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.
Trade area within 3 miles of the property.
Population
56,464
Households
23,469
Median income
$115,000
Median age
33.3
Daytime population
68,728
5-yr growth
6.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 583 MAIN STREET E, Milton (DP Dorset Park).
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.