For Sale · Office

10 HILL STREET, Selwyn

10 HILL STREET, Selwyn, ON K0L2H0

$679,000 total

—

Asset Class

Office

Size

—

Building class

B

Zoning

CO — Commercial Office

$ / SF

—

Occupancy

94%

Lot Size

0.3 ac

About this property

Welcome to this very versatile listing consisting of a large 2 storey brick home and detached heated garage/workshop with cement flooring and extra wiring. The property has had different uses over the years and has C2-35 zoning for different uses. Historically it has been offices. 2 apartments, rental shops and doctor's office and health related care facility. The unique location gives the property a welcoming atmosphere with an embankment to the Otonabee River giving it added value in the village with island waterfront views and bonus value to the price of the property. The listing is adaptable to whatever business and home you want to invest in. Property is vacant and ready for occupancy. Check it out at your convenience. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$679K
Down payment30% · $204K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$48K

Annual cash flow

$10K

Cash-on-cash

4.91%

DSCR

1.27

Going-in cap

7.01%

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

60,584

Households

22,668

Median income

$75,000

Median age

39.4

Daytime population

69,096

5-yr growth

1.2%

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

Secure deal room

Confidential diligence documents for 10 HILL STREET, Selwyn.

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.