For Sale · Industrial

H & I - 120 TURNBULL COURT, Cambridge

H & I - 120 TURNBULL COURT, Cambridge, ON N1T1H9

Price on request

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Asset Class

Industrial

Size

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Building class

B

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

92%

Clear height

19 ft

Loading docks

2

About this property

Great location, just off Franklin Blvd, minutes to the 401 with the perfect layout, with each unit offering 2500 sq ft, with 14ft clear span,( Can be split into two units) (2) Truck Level doors and a small admin office in each unit. This location is perfect for industrial trades, Limo service, handyman, janitorial service of similar type company ( No Automotive or Cabinet manufacturing permitted) . 600v/3/60 power (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$79K

Annual cash flow

$-4K

Cash-on-cash

-0.97%

DSCR

0.95

Going-in cap

5.25%

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

131,892

Households

52,336

Median income

$68,500

Median age

38.2

Daytime population

142,143

5-yr growth

3%

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

Secure deal room

Confidential diligence documents for H & I - 120 TURNBULL COURT, Cambridge.

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.