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Business For Sale · Industrial

26-30 Victoria STREET South, Harrow

26-30 Victoria STREET South, Harrow, ON N0R1G0

$739,000 total

—

Asset Class

Industrial

Size

—

Building class

A

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

92%

Clear height

20 ft

Loading docks

2

About this property

Located in the heart of Harrow, this rare mixed-use commercial/residential property offers an exceptional opportunity for investors or owner-operators. Offering approximately 3,000 sq ft in total, the property seamlessly combines business functionality with residential convenience. The long-established dry cleaning, laundry, and alteration business has proudly served the community for over 30 years and remains one of the very few dry cleaners in the area. Its prominent corner location provides excellent visibility and offers strong local presence. The commercial space offers ample operational areas, front customer parking, and additional rear parking potential, all situated on a large lot that provides flexibility for future business expansion or alternative commercial uses. Attached to the commercial unit is a separate 2 bedroom, 1-bathroom residential suite, ideal for owner occupancy or as a source of additional rental income. Recent upgrades completed in 2023 include a new roof, updated flooring, and refreshed interior ceilings and walls. With the current owner retiring, this is an outstanding opportunity for a family-run operation or an investor seeking a stable, versatile asset. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$739K
Down payment30% · $222K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$35K

Annual cash flow

$-6K

Cash-on-cash

-2.74%

DSCR

0.85

Going-in cap

4.72%

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

67,712

Households

24,411

Median income

$133,000

Median age

35.6

Daytime population

98,667

5-yr growth

4.5%

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

Secure deal room

Confidential diligence documents for 26-30 Victoria STREET South, Harrow.

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.