1/197 - 201 SPINNAKER WAY, Vaughan (Concord)
7 - 201 SPINNAKER WAY, Vaughan (Concord), ON L4K4C6
$799,900 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
90%
Clear height
33 ft
Loading docks
14
About this property
Position your business for success with this 1600 square foot industrial/office condominium. Excellent location with quick access to Hwys 407, 400 and 7. Full frontage on Spinnaker Way, the property benefits from excellent visibility and exposure. The unit features a reception area, two large private offices, two washrooms and an open warehouse with drive-in door. The unit is highly flexible, allowing for a reduction in office space, expansion of the warehouse area or the addition of a mezzanine. This is an ideal opportunity for owner-users looking to establish or grow their business in a well-connected location. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$4K
Projected NOI
$39K
Annual cash flow
$-5K
Cash-on-cash
-2.24%
DSCR
0.88
Going-in cap
4.87%
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
144,473
Households
65,461
Median income
$118,000
Median age
34
Daytime population
180,673
5-yr growth
4.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 7 - 201 SPINNAKER WAY, Vaughan (Concord).
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.