For Lease · Industrial

UNIT 3 - 50 WEST WILMOT STREET, Richmond Hill (Beaver Creek Business Park)

UNIT 3 - 50 WEST WILMOT STREET, Richmond Hill (Beaver Creek Business Park), ON L4B1M5

$18.5 per sq ft / yr

—

Asset Class

Industrial

Size

—

Building class

C

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

82%

Clear height

32 ft

Loading docks

14

About this property

Excellent Sublease Opportunity! Clean, Renovated 4,041 Sq. Ft. Industrial Unit Near Leslie St. & Hwy 7, Just 7 Minutes From Highways 407 & 404. Features 45% Office/Showroom Space And 55% Warehouse Space, 4 Private Offices, Separate Washrooms, 18 Ft. Clear Height, Skylights, One Truck-Level Shipping Door, Excellent Shipping And Ample Parking. Clean Uses Only. Flexible Occupancy Within 60 Days Or Earlier By Arrangement. Sublease Available Through June 30, 2028, Subject To Landlord's Approval And Terms Of The Existing Lease. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$19
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-3.70%

DSCR

0.80

Going-in cap

4.43%

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

47,815

Households

18,341

Median income

$104,500

Median age

44.9

Daytime population

74,681

5-yr growth

2.6%

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

Secure deal room

Confidential diligence documents for UNIT 3 - 50 WEST WILMOT STREET, Richmond Hill (Beaver Creek Business Park).

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.