Business For Sale · Land

730 WELLER COURT, Oakville (QE Queen Elizabeth)

730 WELLER COURT, Oakville (QE Queen Elizabeth), ON L6K3S9

$7.5M total

—

Asset Class

Land

Size

—

Building class

A

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

96%

Lot Size

1.988 ac

About this property

An exceptional opportunity for end-users or investors to acquire and/or to develop a rare 86596 sq. ft./1.988 acre site in central Oakville within close proximity to major transportation corridors. Located just West of Dorval Drive south off of Wyecroft, this property sits at the bottom of a court and is literally a block away from the Dorval QEW/403 interchange. The flexible E3 SP:3-Industrial zoning allows for a broad range of building uses and the SP:3 also allows for multiple motor vehicle-related activities as well. An excellent opportunity to purchase one of the last remaining industrial development lots in south Oakville which offers multiple uses and exceptional potential. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$7.50M
Down payment30% · $2.25M
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$35K

Projected NOI

$409K

Annual cash flow

$-6K

Cash-on-cash

-0.27%

DSCR

0.99

Going-in cap

5.46%

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

78,716

Households

27,836

Median income

$102,000

Median age

31.9

Daytime population

127,204

5-yr growth

7.6%

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

Secure deal room

Confidential diligence documents for 730 WELLER COURT, Oakville (QE Queen Elizabeth).

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.