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For Lease · Retail

318 ONTARIO STREET, Burk's Falls

318 ONTARIO STREET, Burk's Falls, ON P0A1C0

$169,000 per sq ft / yr

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Asset Class

Retail

Size

—

Building class

C

Zoning

CSC — Shopping Centre

$ / SF

—

Occupancy

97%

Lot Size

899.71 ac

About this property

Prime commercial opportunity on the Main Street strip of Burk's Falls! This recently renovated, well-located unit in a high-traffic strip plaza offers maximum visibility and great parking. Featuring a freshly updated interior and a convenient one-bathroom setup, the space serves as the ultimate blank canvas-ready for you to design and customize to your business needs. Stand out from the crowd by being waterfront on the Magnetawan River, right at your back door, blending commercial utility with Northern Ontario charm. Perfect for retail, professional offices, or your creative vision. Bring your vision to life here! Also up for lease see listing X13776590 - Showings by appointment only. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$169K
Down payment30% · $51K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$780

Projected NOI

$10K

Annual cash flow

$232

Cash-on-cash

0.46%

DSCR

1.02

Going-in cap

5.68%

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

122,604

Households

53,841

Median income

$90,500

Median age

42

Daytime population

171,686

5-yr growth

4.8%

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

Secure deal room

Confidential diligence documents for 318 ONTARIO STREET, Burk's Falls.

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.