1/10163 DUNDAS Street, London
163 DUNDAS Street, London, ON N6A1G4
$79,000 total
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Asset Class
Specialty
Size
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Building class
B
Zoning
US — Urban Services
$ / SF
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Occupancy
85%
About this property
D & R Smoke Shop in London, ON is For Sale. Convenience store located at the busy intersection of Dundas St & Richmond St in a prime, high-traffic location with excellent visibility and exposure. Surrounded by established residential neighbourhoods, schools, parks, retail stores, restaurants, local businesses, and major amenities, providing excellent customer traffic. Features approximately 640 Sq. Ft. with low rent of only $3,132/month. Lease Term: Current + Option to renew. All equipment is included in the sale. Excellent potential to grow sales even further. Great opportunity for a new owner to take over and operate. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$365
Projected NOI
$5K
Annual cash flow
$784
Cash-on-cash
3.31%
DSCR
1.18
Going-in cap
6.53%
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
82,751
Households
36,044
Median income
$84,000
Median age
43.1
Daytime population
71,692
5-yr growth
6.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 163 DUNDAS Street, London.
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.