84 ALBERT STREET, Central Huron (Clinton)84 ALBERT STREET, Central Huron (Clinton) — photo 284 ALBERT STREET, Central Huron (Clinton) — photo 384 ALBERT STREET, Central Huron (Clinton) — photo 484 ALBERT STREET, Central Huron (Clinton) — photo 584 ALBERT STREET, Central Huron (Clinton) — photo 684 ALBERT STREET, Central Huron (Clinton) — photo 784 ALBERT STREET, Central Huron (Clinton) — photo 884 ALBERT STREET, Central Huron (Clinton) — photo 984 ALBERT STREET, Central Huron (Clinton) — photo 1084 ALBERT STREET, Central Huron (Clinton) — photo 11
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For Sale · Retail

84 ALBERT STREET, Central Huron (Clinton)

84 ALBERT STREET, Central Huron (Clinton), ON N0M1L0

$279,000 total

2,000 SF

Asset Class

Retail

Size

2,000 SF

Building class

C

Zoning

CNC — Neighbourhood Commercial

$ / SF

$140

Occupancy

86%

About this property

Calling all real estate investors! This income producing, three-unit property is located in the growing town of Clinton, a short walk to shops, parks, schools and the Clinton raceway and casino. The spacious main floor residential unit has been recently renovated, allowing the new owner to set their own rent. The property consists of two, two-bedroom residential units and one storefront, all separately metered. There is a 3-piece bathroom in storefront unit, and laundry in both residential units. Now offered at $279,000, this property could be a great fit for someone getting into real estate investing, or to add to your existing portfolio. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$279K
Down payment30% · $84K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$17K

Annual cash flow

$1K

Cash-on-cash

1.45%

DSCR

1.08

Going-in cap

5.98%

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
Halcyon Wealth Partners656 SF2033-08
Vector Robotics1,068 SF2033-08

Area demographics

Trade area within 3 miles of the property.

Population

131,674

Households

56,898

Median income

$125,500

Median age

34.3

Daytime population

167,648

5-yr growth

2.7%

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

Secure deal room

Confidential diligence documents for 84 ALBERT STREET, Central Huron (Clinton).

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.