For Sale · Office

205 FOREST Street E Unit# 2nd Floor, Dunnville

205 FOREST Street E Unit# 2nd Floor, Dunnville, ON N1A3G5

Price on request

4,000 SF

Asset Class

Office

Size

4,000 SF

Building class

B

Zoning

CB2 — Central Business

$ / SF

—

Occupancy

86%

About this property

Large office space located on second level. Approximately 4,000 square feet. Washrooms with shower, kitchenette, & foyer. Recent central air and ducted hi eff natural gas heat (on roof). Rent includes utilities (based on average usage). Landlord pays taxes and building insurance. No elevator to second floor - stairs only (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$71K

Annual cash flow

$-12K

Cash-on-cash

-2.69%

DSCR

0.85

Going-in cap

4.74%

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.

Rent roll (estimated)

TenantAreaExpiry
Blue Harbour Design1,556 SF2030-02
Blue Harbour Design845 SF2030-02
Blue Harbour Design460 SF2030-02
Blue Harbour Design558 SF2029-02

Area demographics

Trade area within 3 miles of the property.

Population

80,846

Households

32,306

Median income

$134,000

Median age

34.5

Daytime population

82,997

5-yr growth

6%

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

Secure deal room

Confidential diligence documents for 205 FOREST Street E Unit# 2nd Floor, Dunnville.

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.