For Sale · Specialty

200 DUNDAS Street S, Cambridge

200 DUNDAS Street S, Cambridge, ON N1R8A8

$3.2M total

2,484 SF

Asset Class

Specialty

Size

2,484 SF

Building class

C

Zoning

DC2 — Site Specific

$ / SF

$1288

Occupancy

94%

Lot Size

0.734 ac

About this property

2,484 SF two storey mixed use building on 0.73 acres. High exposure and high traffic property fronting on Dundas Street between Main St. and Franklin Blvd. Potential future development for a 6 storey mixed-use apartment & commercial building (40 Residential units and 3 Commercial units). All studies completed, ready for applications/ Neighbouring businesses include Zehr's, Shoppers, Home Hardware, Canadian Tire, McDonalds, LCBO, Tim Horton's and many more. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$3.20M
Down payment30% · $960K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$15K

Projected NOI

$242K

Annual cash flow

$64K

Cash-on-cash

6.71%

DSCR

1.36

Going-in cap

7.55%

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
Summit Trades Supply1,555 SF2028-09
Summit Trades Supply515 SF2028-09
Summit Trades Supply400 SF2028-09

Area demographics

Trade area within 3 miles of the property.

Population

64,094

Households

30,301

Median income

$102,000

Median age

31.1

Daytime population

103,999

5-yr growth

7.2%

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

Secure deal room

Confidential diligence documents for 200 DUNDAS Street S, Cambridge.

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.