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$975,000 total
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Asset Class
Retail
Size
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Building class
B
Zoning
CNC — Neighbourhood Commercial
$ / SF
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Occupancy
96%
A remarkable opportunity in the heart of Harley, this historically significant property has been lovingly brought back to life through an extensive, no-expense-spared transformation. Impeccably maintained and in pristine condition, the building has been thoughtfully renovated and updated, creating a versatile property where commercial potential and residential income come together.Currently operating as a bakery and retail store, the main level offers approximately 1,120 sq. ft. of retail space connected to a 650 sq. ft. bakery with nearly 10' ceilings, Trusscore walls and durable epoxy flooring. A 350 sq. ft. packaging/storage area, 11' x 14' walk-in freezer, 11' x 10' walk-in cooler and 8' x 8' overhead door provide exceptional functionality. Additional spaces include an office, washroom, upper mechanical/storage area and substantial basement space with a secondary kitchen and updated mechanicals. Infrastructure includes an all-metal roof, 400A/208V electrical service and impressive 80 kW diesel generator. Two beautifully and completely renovated residential units provide additional income, each with its own hydro panel and in-suite laundry. One offers two bedrooms and a four-piece bathroom, while the second features one bedroom, a bright living space and large private deck. Both are currently rented by great tenants. Positioned at a four-way stop in the heart of the community, this special property combines rich local history, an exemplary level of care, extensive improvements and incredible versatility all ready for its next chapter. (id:66811)
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Monthly debt service
$5K
Projected NOI
$60K
Annual cash flow
$6K
Cash-on-cash
2.00%
DSCR
1.11
Going-in cap
6.14%
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
40,347
Households
14,260
Median income
$121,000
Median age
38.4
Daytime population
56,523
5-yr growth
3.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 226 MIDDLE TOWNLINE ROAD, Brant (Burford).
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.