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Business For Sale · Retail

13 COBALT STREET, Cobalt

13 COBALT STREET, Cobalt, ON P0J1C0

$129,000 total

1,991.57 SF

Asset Class

Retail

Size

1,991.57 SF

Building class

A

Zoning

CNC — Neighbourhood Commercial

$ / SF

$65

Occupancy

85%

About this property

Exceptional investment opportunity in the heart of Cobalt! This versatile, dual-income property features a turn-key main-floor retail corner store with two residential apartments above, offering strong, multi-stream rental potential or an ideal live/work setup. Prominent corner-store retail layout with great street visibility and foot traffic. Located right at a public bus stop for maximum local accessibility. 200-amp electrical service and a dependable boiler heating system. 3 private parking spaces at the rear, reserved specifically for tenants. Whether you are looking to expand your real estate portfolio or operate a business while generating residential income, this well-located property delivers solid value and operational convenience. All potential buyers would have to apply for a TRDP (tobacco) & AGCO (lottery) license. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$129K
Down payment30% · $39K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$596

Projected NOI

$6K

Annual cash flow

$-1K

Cash-on-cash

-2.84%

DSCR

0.85

Going-in cap

4.69%

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
Vector Robotics1,687 SF2034-03

Area demographics

Trade area within 3 miles of the property.

Population

64,325

Households

27,296

Median income

$113,000

Median age

32

Daytime population

94,085

5-yr growth

1.6%

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

Secure deal room

Confidential diligence documents for 13 COBALT STREET, Cobalt.

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.