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$1.3M total
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Asset Class
Office
Size
—
Building class
B
Zoning
CB2 — Central Business
$ / SF
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Occupancy
85%
2381 Mallard’s Landing Drive features a spacious 4-bedroom home attached to a commercial office space currently occupied by medical professionals with 9 individual offices totaling approximately 1200 square feet. Ideally located at the corner of Mallard’s Landing Drive and Regent Street, the commercial space offers shared reception/waiting area, internet, washrooms, kitchenette, and ample on-site parking. Ideal for medical professionals, small businesses, or investors seeking rental income. The seller perfers to remain as a tenant, continuing to operate his chiropractic practice from two office rooms, and rent can be negotiated. The home is rented to tenants in a lease till December 2026, rent is $2400. The commercial space brings in a total of $4,550 and has a vacant room for rent for an estimated total of $8,550 in rental income. This is truly a versatile property offering excellent potential for both residential living and commercial income! (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$6K
Projected NOI
$59K
Annual cash flow
$-10K
Cash-on-cash
-2.77%
DSCR
0.85
Going-in cap
4.71%
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
105,323
Households
44,588
Median income
$103,000
Median age
33.1
Daytime population
121,532
5-yr growth
1.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 2381 Mallards Landing Drive, Sudbury.
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.