For Sale · Retail

10 KING STREET E, Kawartha Lakes (Bobcaygeon)

10 KING STREET E, Kawartha Lakes (Bobcaygeon), ON K0M1A0

$999,000 total

4,100 SF

Asset Class

Retail

Size

4,100 SF

Building class

A

Zoning

CSC — Shopping Centre

$ / SF

$244

Occupancy

90%

Lot Size

4100 ac

About this property

Oasis in the heart of Bobcaygeon. 3 Living quarters, plus 1 retail space currently running as home based hair salon and spa. Great income property. Owners unit is 2 Bedroom, 2 Bath, large suite with large living/dining room. Open concept modern kitchen, family room with walkout to a very large deck overlooking backyard gardens and pool. Primary suite with walk out deck. First apartment is a large 1 bedroom, plus den, 1 Bathroom with ensuite washer/dryer. Private yard and deck, use of pool. Second apartment is 1 bedroom, 1 bathroom with shared deck overlooking pool and gardens. Huge full basement with updated 400 amp service. 3rd Floor full loft unfinished, great potential. Large paved/interlock driveway with ample parking. Very private beautiful yard with perennial gardens, fire pit and swimming pool. Located on King St. E right in the heart of Bobcaygeon, walking distance to shopping, restaurants, Lock 32, new Beach Park and more. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$999K
Down payment30% · $300K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$5K

Projected NOI

$58K

Annual cash flow

$3K

Cash-on-cash

0.91%

DSCR

1.05

Going-in cap

5.81%

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.

Rent roll (estimated)

TenantAreaExpiry
Cascade Foods Inc.2,180 SF2031-11
Cascade Foods Inc.883 SF2031-11
Cascade Foods Inc.400 SF2031-11
Cascade Foods Inc.400 SF2031-11

Area demographics

Trade area within 3 miles of the property.

Population

83,468

Households

38,861

Median income

$125,500

Median age

36.9

Daytime population

97,007

5-yr growth

2.2%

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

Secure deal room

Confidential diligence documents for 10 KING STREET E, Kawartha Lakes (Bobcaygeon).

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.