Business For Sale · Specialty

53 Woodward AVE, Blind River

53 Woodward AVE, Blind River, ON P0R1B0

$399,900 total

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Asset Class

Specialty

Size

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Building class

C

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

85%

About this property

Prime Commercial & Residential Investment Opportunity Ideally situated on the main street (Woodward Ave) just steps from the downtown core, this property offers exceptional visibility and foot traffic within walking distance to banks, the post office, and local businesses. Key Features: 3 Fully Rented Storefronts: Established commercial spaces catering to a loyal, reliable clientele. 4 Rented Apartments: Immediate, steady residential rental income. 1 Unfinished Apartment: A prime value-add opportunity ready to be refinished to maximize total rental yield. A turnkey income-producer with upside growth potential—perfect for savvy investors seeking strong returns in a convenient location. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$400K
Down payment30% · $120K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$21K

Annual cash flow

$-1K

Cash-on-cash

-1.03%

DSCR

0.94

Going-in cap

5.23%

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

137,566

Households

55,075

Median income

$112,000

Median age

34.5

Daytime population

183,599

5-yr growth

3.5%

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

Secure deal room

Confidential diligence documents for 53 Woodward AVE, Blind River.

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.