1/42 - 43 COLBORNE STREET, Orillia
2 - 43 COLBORNE STREET, Orillia, ON L3V2Y5
Price on request
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Asset Class
Retail
Size
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Building class
C
Zoning
CB1 — Low Intensity Business
$ / SF
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Occupancy
94%
About this property
Great central location close to downtown, the hospital, and City Hall, with ample parking for customers and staff. Zoned C1, this versatile vacant space is suitable for a variety of permitted uses, including retail, salon, convenience store, professional office, and much more.The unit is vacant and ready for your vision. Lease rate is $2,200 per month plus TMI of $5.00 per square foot. Bring your business ideas to this well-located commercial opportunity. 900 square feet. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$81K
Annual cash flow
$-2K
Cash-on-cash
-0.40%
DSCR
0.98
Going-in cap
5.42%
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
81,453
Households
30,681
Median income
$73,500
Median age
39.5
Daytime population
119,403
5-yr growth
2.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 2 - 43 COLBORNE STREET, Orillia.
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.