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For Sale · Retail

393 TALBOT STREET E, Aylmer

393 TALBOT STREET E, Aylmer, ON N5H1J4

$449,000 total

1,200 SF

Asset Class

Retail

Size

1,200 SF

Building class

Zoning

CNC — Neighbourhood Commercial

$ / SF

$374

Occupancy

100%

About this property

Approximately 1200 sq ft main floor commercial unit C1 zoning with many permitted uses. Upper level 2 bedroom residential apartment for owner occupied live in or rental potential. Front ground level parking. Situated on a mature lot backing on to Catfish Creek. Available for immediate possession. (id:66811)

Financial sandbox

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Estimate

Purchase price$449K

Down payment30% · $135K

Interest rate6.25%

Amortization25 years

Occupancy100%

Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$31K

Annual cash flow

$6K

Cash-on-cash

4.22%

DSCR

1.23

Going-in cap

6.81%

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)

Tenant	Suite	Area	Rent / SF	Expiry
Aurora Legal LLP	470	704 SF	$17.96	2034-04
Aurora Legal LLP	470	400 SF	$17.84	2034-04
Aurora Legal LLP	470	400 SF	$18.20	2034-04
Aurora Legal LLP	470	400 SF	$18.08	2034-04

Area demographics

Trade area within 3 miles of the property.

Population

115,762

Households

54,997

Median income

$72,000

Median age

Daytime population

171,304

5-yr growth

8.9%

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

Secure deal room

Confidential diligence documents for 393 TALBOT STREET E, Aylmer.

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.