For Sale · Retail

2 RESPONSE STREET, Kawartha Lakes (Fenelon)

2 RESPONSE STREET, Kawartha Lakes (Fenelon), ON K0M1N0

$725,000 total

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Asset Class

Retail

Size

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Building class

A

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

91%

Lot Size

0.68 ac

About this property

Turn-Key Investment Opportunity! LSR Café & Restaurant Is A Well-Established 36-Seat Restaurant With Additional Patio Seating, Offering Excellent Exposure Along A High-Traffic Highway Location. The Property Also Includes A Comfortable 2-Bedroom Apartment And A Separate Bachelor Unit, Along With A Large Fenced Yard-Ideal For Living On-Site Or Generating Additional Rental Income. A Fully Equipped Kitchen With Major, High-Value Equipment Ensures Seamless Operations From Day One. Recent Upgrades Include A Display Fridge, Display Warmer, Oven, Freezer, Two Coffee Makers, And Two Coffee Grinders-Adding Both Efficiency And Service Capacity. The Property Is Also Equipped With A Recently Updated Camera And Security System For Added Peace Of Mind. Key Infrastructure Features Such As A Newer Artesian Well, Large-Capacity Septic System, Durable Metal Roof, And A Generac Generator Provide Reliability And Long-Term Value. Designed With Accessibility In Mind, The Space Is Wheelchair-Friendly, Offering An Inclusive Experience For All Guests. A True Turn-Key Setup, Ready For Its Next Owner To Step In And Succeed. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$725K
Down payment30% · $218K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$40K

Annual cash flow

$-363

Cash-on-cash

-0.17%

DSCR

0.99

Going-in cap

5.49%

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

109,075

Households

51,660

Median income

$117,000

Median age

36.2

Daytime population

133,102

5-yr growth

3.5%

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

Secure deal room

Confidential diligence documents for 2 RESPONSE STREET, Kawartha Lakes (Fenelon).

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.