For Lease · Land

12201 KEELE STREET, Vaughan

12201 KEELE STREET, Vaughan, ON L6A1S1

Price on request

12,000 SF

Asset Class

Land

Size

12,000 SF

Building class

A

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

84%

About this property

Approximately 12,000 sq. ft. greenhouse available for lease in a prime Vaughan location at Keele Street and King-Vaughan Road. Situated on an approximately 34.58-acre property, this offering provides excellent flexibility for businesses requiring additional outdoor space. The greenhouse may be leased independently or together with a portion of the available outdoor acreage to suit a tenant's space requirements. The greenhouse offers an open-concept layout, high ceilings, abundance of natural light, multiple large access doors and functional work/service areas. Designated parking and access available. Gross rent $10,000/month + HST. Utilities extra. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$68K

Annual cash flow

$-15K

Cash-on-cash

-3.26%

DSCR

0.82

Going-in cap

4.56%

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
Northbridge Logistics5,480 SF2034-08
Northbridge Logistics2,508 SF2034-08
Northbridge Logistics2,092 SF2034-08

Area demographics

Trade area within 3 miles of the property.

Population

113,651

Households

47,516

Median income

$100,000

Median age

32.5

Daytime population

127,269

5-yr growth

9.1%

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

Secure deal room

Confidential diligence documents for 12201 KEELE STREET, Vaughan.

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.