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$925,000 total
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Asset Class
Office
Size
—
Building class
B
Zoning
DC1 — Direct Control
$ / SF
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Occupancy
86%
Lot Size
0.25 ac
Positioned Directly Across From A Busy Medical Building In The Heart Of Growing Cannington, This Exceptional Commercial Property Offers The Kind Of Solid-Bones Construction That's Increasingly Hard To Find. Built Entirely Of Block - No Metal Or Wood Framing - This Building Is As Durable As They Come, Giving Any Owner Or Investor The Confidence Of A Truly Low-Maintenance Structure For Years Ahead. Inside, The Space Is Ready To Work! The Upper Level Features Impressive 10-Foot Ceilings, A Kitchen, And 3 Bathrooms, Making It Immediately Functional For A Wide Range Of Uses. A Full Basement Provides Even Further Potential, Whether For Heated Storage, Workshops, Or Future Expansion. The Roof Is Approximately 10 Years Old And The Water Management System Has Been Updated, So The Major Ticket Items Are Already Taken Care Of. Outside, 20+ Parking Spaces And A Fully Fenced Lot Provide The Practicality That Any Business Needs - Welcoming Clients, Staff, Or Multiple Tenants. With So Much Flexible Space And A Location That Benefits From The Steady Foot Traffic Of The Neighbouring Medical Community, The Possibilities Here Are Truly Wide Open. Downtown Cannington Is On The Move, Don't Miss Your Chance To Be Part Of It! (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$4K
Projected NOI
$52K
Annual cash flow
$408
Cash-on-cash
0.15%
DSCR
1.01
Going-in cap
5.59%
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.
Trade area within 3 miles of the property.
Population
90,655
Households
33,231
Median income
$79,500
Median age
42.2
Daytime population
113,592
5-yr growth
2.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 21 ANN STREET, Brock (Cannington).
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.