For Sale · Industrial

7 - 195 MOSTAR (BLDG A) STREET, Whitchurch-Stouffville (Stouffville)

7 - 195 MOSTAR (BLDG A) STREET, Whitchurch-Stouffville (Stouffville), ON L4A0Y2

$1.6M total

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Asset Class

Industrial

Size

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Building class

B

Zoning

IL — Light Industrial

$ / SF

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Occupancy

96%

Clear height

23 ft

Loading docks

1

About this property

Welcome to Stouffville Business Park, a premier commercial condominium development located in a mixed residential and commercial area, just north of Markham and only 15 minutes from Highways 404 and 407. This high-quality project is designed to meet strong demand for well-located commercial ownership opportunities. Exceptional zoning flexibility permits a wide range of uses including industrial, office, medical walk-in clinic, pharmacy, family doctor, optometry, recreational, retail, and more-ideal for investors and owner-users alike. Approx. Sq.Ft, 2,453.37 with Including 531.87 of mezzanine space, Features include a 12' x 14' overhead drive-in door , 24' clear height, and ample on-site parking, offering excellent functionality and long-term value. Only a few units remaining. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.56M
Down payment30% · $467K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$97K

Annual cash flow

$11K

Cash-on-cash

2.34%

DSCR

1.13

Going-in cap

6.24%

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

108,870

Households

47,237

Median income

$102,500

Median age

32

Daytime population

176,314

5-yr growth

7.7%

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

Secure deal room

Confidential diligence documents for 7 - 195 MOSTAR (BLDG A) STREET, Whitchurch-Stouffville (Stouffville).

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.