Business For Sale · Industrial

11 VICTORIA STREET, Wheatley

11 VICTORIA STREET, Wheatley, ON N0P2G0

$399,000 total

—

Asset Class

Industrial

Size

—

Building class

A

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

84%

Clear height

23 ft

Loading docks

4

About this property

ZONING C1 COMMERICAL, GREAT FOR HALL, CHRUCH, RESTAURANT, TOTALLY RENOVATED BUIDLING, FULL BASEMENT, TREATED WATERPROOF. NEW ROOF, NEWER FURNACE AND CENTRAL AIR. 2 NEW RENOVATED BATHROOMS. MUST TO SEE. CALL FOR DETAILS. FURNACE AND CENTRAL AIR COND. PLUS HOT WATER TANK NEW AND ALL RENTED FOR $200 PER MONTH. CONTACT L/S FOR MORE INFO. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$399K
Down payment30% · $120K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$16K

Annual cash flow

$-6K

Cash-on-cash

-5.42%

DSCR

0.71

Going-in cap

3.92%

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

97,249

Households

35,170

Median income

$105,000

Median age

33.1

Daytime population

122,221

5-yr growth

2.9%

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

Secure deal room

Confidential diligence documents for 11 VICTORIA STREET, Wheatley.

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.