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$1.4M total
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Asset Class
Office
Size
—
Building class
B
Zoning
CB2 — Central Business
$ / SF
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Occupancy
84%
Lot Size
3711 ac
Excellent location for Buyer to operate a home based business. Buyer to do due dilligence regarding intended use of property. Located in Welcome, this well maintained and spacious bungalow has lots to offer. Many features that include 5 bedrooms all with ensuites, large living room, dining area and chef style kitchen complete with 6 burner gas stovetop and built in oven, home office area and an enclosed sun porch. Other features include 22kw Generac backup Generator, Napoleon Hi-efficiency gas furnace and an updated 400 amp electrical service. Property is zoned Commercial and is designated as a single family residence ( MPAC ). Property taxes are residential rates. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$6K
Projected NOI
$81K
Annual cash flow
$5K
Cash-on-cash
1.17%
DSCR
1.06
Going-in cap
5.89%
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.
Trade area within 3 miles of the property.
Population
59,791
Households
20,950
Median income
$108,500
Median age
31.4
Daytime population
60,262
5-yr growth
8.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 4496 COUNTY ROAD 2, Port Hope.
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.