For Sale · Office

101 DONLY Drive S Unit# 3, Simcoe

101 DONLY Drive S Unit# 3, Simcoe, ON N3X4K2

Price on request

2,000 SF

Asset Class

Office

Size

2,000 SF

Building class

A

Zoning

CB2 — Central Business

$ / SF

—

Occupancy

96%

About this property

Office space located on a busy street in Simcoe. Approximately 2000 sq. ft. giving you plenty of room to take your business to the next level. Featuring: 4 offices, 2 washrooms, reception area, lunch room with kitchen and storage room. 5 designated parking spaces + 1 shared handicap space along with a place to put your signage. Available immediately. The landlord is open to leasing the space for storage or workshop use, offering flexibility to suit a variety of business needs. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$84K

Annual cash flow

$775

Cash-on-cash

0.17%

DSCR

1.01

Going-in cap

5.59%

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
Blue Harbour Design1,912 SF2028-11

Area demographics

Trade area within 3 miles of the property.

Population

116,031

Households

53,489

Median income

$80,500

Median age

43.1

Daytime population

101,225

5-yr growth

1.2%

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

Secure deal room

Confidential diligence documents for 101 DONLY Drive S Unit# 3, Simcoe.

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.