For Sale · Office

308 - 180 VINE STREET S, St. Catharines (E. Chester)

308 - 180 VINE STREET S, St. Catharines (E. Chester), ON L2R7P3

Price on request

26,217 SF

Asset Class

Office

Size

26,217 SF

Building class

C

Zoning

CO — Commercial Office

$ / SF

—

Occupancy

97%

Lot Size

26217 ac

About this property

Unit 308 is leasable area of 3674 sq ft. offered at $12.50 psf plus TMI of $18.14 TMI, including hydro and cleaning. Excellent medical property with a mix of medical related uses. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$85K

Annual cash flow

$2K

Cash-on-cash

0.46%

DSCR

1.02

Going-in cap

5.68%

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 Design25,430 SF2027-12

Area demographics

Trade area within 3 miles of the property.

Population

85,608

Households

40,046

Median income

$88,000

Median age

42.3

Daytime population

129,993

5-yr growth

4%

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

Secure deal room

Confidential diligence documents for 308 - 180 VINE STREET S, St. Catharines (E. Chester).

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.