For Sale · Office

21 ANN STREET, Brock (Cannington)

21 ANN STREET, Brock (Cannington), ON L0E1E0

$925,000 total

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Asset Class

Office

Size

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Building class

B

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

86%

Lot Size

0.25 ac

About this property

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)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$925K
Down payment30% · $278K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

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.

Area demographics

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.

Secure deal room

Confidential diligence documents for 21 ANN STREET, Brock (Cannington).

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.