For Sale · Office

7982 YONGE STREET, Innisfil (Stroud)

7982 YONGE STREET, Innisfil (Stroud), ON L9S1L5

Price on request

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Asset Class

Office

Size

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Building class

A

Zoning

CB2 — Central Business

$ / SF

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Occupancy

89%

About this property

Second-floor office space of 700 SF, with staircase access, no elevator. Located on high-traffic Yonge St. in the centre of Stroud, offering great exposure for your business! Yonge St./Victoria St. Use two of the main entrances. Zoned For Business and Professional Offices (CV-3). Suitable for medical services and professional office use. Reception/waiting area with own washroom and two separate rooms. Parking is limited and shared with first-floor clients. Tenant is responsible for 21% of utility bills (Water, Hydro and Gas) and for taking care of interior maintenance and repairs. Formal lease to be signed following acceptance of offer. Proof of $5 Million liability insurance required. ***Tenant's Agent must attend showings. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$75K

Annual cash flow

$-8K

Cash-on-cash

-1.83%

DSCR

0.90

Going-in cap

4.99%

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

112,387

Households

52,803

Median income

$131,500

Median age

35.7

Daytime population

105,010

5-yr growth

4.4%

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

Secure deal room

Confidential diligence documents for 7982 YONGE STREET, Innisfil (Stroud).

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.