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Price on request
—
Asset Class
Industrial
Size
—
Building class
B
Zoning
IL — Light Industrial
$ / SF
—
Occupancy
95%
Lot Size
1.003 ac
Clear height
19 ft
Loading docks
5
A rare chance to lease a fully functional industrial building with the kind of outdoor storage space that's nearly impossible to find in an established urban area. This 3,200 SF freestanding building sits on a generous 1.003-acre site with an expansive paved-and-gravel yard - perfect for contractors, trades, or service-commercial operators who need room to store equipment, vehicles, or materials on-site. Built in 2001, the building offers 20 ft clear height and 3 at-grade roll-up doors, plus 640 SF of office space and 3 washrooms (one with shower).Minutes to Highway 401 and just 670 m from Milton GO Station with direct rail service to Toronto's Union Station. Zoned UGC-MU-H, within Milton's Central Business District and the Milton GO Protected Major Transit Station Area. Flexible terms available. Bring your operation to one of the GTA's fastest-growing municipalities. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$83K
Annual cash flow
$-511
Cash-on-cash
-0.11%
DSCR
0.99
Going-in cap
5.51%
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.
Trade area within 3 miles of the property.
Population
72,926
Households
25,673
Median income
$107,500
Median age
35.9
Daytime population
68,464
5-yr growth
7.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 583 MAIN STREET E, Milton (DP Dorset Park).
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.