For Sale · Industrial

UNITS 5 & 6 - 84 HOWARD AVENUE, Woolwich

UNITS 5 & 6 - 84 HOWARD AVENUE, Woolwich, ON N3B2E1

Price on request

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Asset Class

Industrial

Size

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Building class

B

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

99%

Lot Size

3 ac

Clear height

25 ft

Loading docks

12

About this property

7500 Square foot Industrial Units - small office space in each unit - with 3 acres of outside storage - M2 - in Elmira. Proximity to Kitchener/Waterloo, 30 Minutes to Highway 401. Great for many uses including truck terminal or truck depot. 3 Dock Level bays. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$88K

Annual cash flow

$5K

Cash-on-cash

1.03%

DSCR

1.06

Going-in cap

5.85%

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

119,644

Households

42,729

Median income

$91,000

Median age

45.1

Daytime population

194,762

5-yr growth

1.1%

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

Secure deal room

Confidential diligence documents for UNITS 5 & 6 - 84 HOWARD AVENUE, Woolwich.

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.