For Sale · Industrial

5 - 1260 JOURNEY'S END CIRCLE, Newmarket (Newmarket Industrial Park)

5 - 1260 JOURNEY'S END CIRCLE, Newmarket (Newmarket Industrial Park), ON L3Y8Z7

$578,000 total

—

Asset Class

Industrial

Size

—

Building class

C

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

88%

Clear height

35 ft

Loading docks

11

About this property

This versatile and well-maintained unit offers a highly functional layout suitable for a wide range of business uses, including office, showroom, light industrial, and more. The main level features a private office, spacious open workstation area, and a two-piece accessible washroom, providing flexibility for a variety of operational needs. A renovated mezzanine adds valuable additional space and can be utilized for further workstations, storage, or other business requirements. At the rear of the unit, a grade-level garage door provides convenient access for deliveries, equipment, and day-to-day operations. Ample on-site parking offers added convenience for both staff and visitors. Condo fees include water, garbage removal, snow clearing, and lawn maintenance, allowing for straightforward and hassle-free property upkeep. Maintenance fee + HST. An excellent opportunity for an owner-user or business seeking a flexible, practical, and professionally maintained commercial space. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$578K
Down payment30% · $173K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$27K

Annual cash flow

$-5K

Cash-on-cash

-2.78%

DSCR

0.85

Going-in cap

4.71%

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

128,391

Households

46,552

Median income

$127,500

Median age

34.4

Daytime population

122,960

5-yr growth

5.4%

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

Secure deal room

Confidential diligence documents for 5 - 1260 JOURNEY'S END CIRCLE, Newmarket (Newmarket Industrial Park).

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.