Business For Sale · Multifamily

503 GUELPH STREET, Halton Hills (Rural Halton Hills)

503 GUELPH STREET, Halton Hills (Rural Halton Hills), ON L0P0A2

$1.9M total

2,553 SF

Asset Class

Multifamily

Size

2,553 SF

Building class

C

Zoning

RA8 — Medium Rise

$ / SF

$744

Occupancy

85%

Lot Size

2553 ac

About this property

A unique opportunity in the historic Hamlet of Norval! Situated on over half an acre with an impressive 132.25 ft of frontage onGuelph Street and the Credit River running along the rear of the property, 503 Guelph Street offers incredible potential in abeautiful setting. The residential portion is currently configured as three separate units. Unit A is a 1.5-storey, 3-bedroom,1-bathroom residence; Unit B offers 3 bedrooms and 1 bathroom; and Unit C is a bachelor unit with 1 bathroom. Laundry andhydro are currently shared. An oversized detached 1-car garage offers even more potential and awaits its next transformation.Zoned Hamlet Commercial (HC), the property permits a variety of uses including retail, bed and breakfast, medical offices,animal clinics, daycare and more. Just steps from where beloved Canadian author Lucy Maud Montgomery once lived, Norval isa hamlet rich in history, character and natural beauty, with convenient access to Highways 401 and 407. A remarkable lot.Flexible zoning. Endless possibilities. An opportunity within reach that you won't want to miss. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.90M
Down payment30% · $570K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$9K

Projected NOI

$54K

Annual cash flow

$-51K

Cash-on-cash

-8.95%

DSCR

0.52

Going-in cap

2.86%

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
Meridian Health Group2,173 SF2027-12

Area demographics

Trade area within 3 miles of the property.

Population

61,168

Households

24,309

Median income

$93,000

Median age

31.5

Daytime population

58,705

5-yr growth

8.4%

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

Secure deal room

Confidential diligence documents for 503 GUELPH STREET, Halton Hills (Rural Halton Hills).

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.