For Sale · Industrial

25657 Winterline ROAD, Grande Pointe

25657 Winterline ROAD, Grande Pointe, ON N0P1S0

$399,900 total

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Asset Class

Industrial

Size

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Building class

C

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

90%

Year Built

1950

Clear height

26 ft

Loading docks

6

About this property

Whether you are looking for a new church building to restore for your needs, or a space you can repurpose for your needs, this large church building has tons of potential. Zoning allows for an assembly hall, art gallery, child care centre, club, library, museum and other possibilities. The building is being sold AS IS. Property is being sold along with the adjoining rectory listed under MLS#26023432. Contact the listing agent for more details. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$400K
Down payment30% · $120K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$18K

Annual cash flow

$-4K

Cash-on-cash

-3.54%

DSCR

0.81

Going-in cap

4.48%

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

62,280

Households

22,627

Median income

$106,500

Median age

43.9

Daytime population

63,340

5-yr growth

2.2%

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

Secure deal room

Confidential diligence documents for 25657 Winterline ROAD, Grande Pointe.

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.