



1/5124636 SIMCOE STREET, Tillsonburg, ON N4G2H6
$20 per sq ft / yr
1,396 SF
Asset Class
Retail
Size
1,396 SF
Building class
B
Zoning
CNC — Neighbourhood Commercial
$ / SF
$0
Occupancy
96%
Prime commercial opportunity located at the busy intersection of Simcoe Street and Mall Road, offering excellent visibility with 141 feet of frontage and access from three separate entrances. This 1,300 sq. ft. stand-alone building provides a flexible layout suitable for a wide range of commercial uses. The Highway Commercial (HC) zoning supports many potential business types such as a cafe, sandwich shop, coffee and dessert bar, retail store, professional office, wellness services, quick-service food concept, specialty pet services, or an eBike and mobility shop. All proposed uses are subject to approval by the town and must comply with applicable zoning and permitting requirements, and any improvements or alterations will require landlord approval. A Phase II Environmental Assessment has been completed and is available. This high-traffic, high-exposure location presents an excellent opportunity for a business looking to establish or expand in a growing commercial corridor. Certain images shown are concept renderings to help visualize possible uses for the space. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$1
Annual cash flow
$-0
Cash-on-cash
-2.47%
DSCR
0.87
Going-in cap
4.80%
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.
| Tenant | Area | Expiry |
|---|---|---|
| Meridian Health Group | 1,339 SF | 2030-01 |
Trade area within 3 miles of the property.
Population
138,826
Households
65,792
Median income
$129,000
Median age
35.8
Daytime population
173,392
5-yr growth
5.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 124636 SIMCOE STREET, Tillsonburg.
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.