For Sale · Retail

27 - 7060 COUNTY ROAD, Essa (Thornton)

27 - 7060 COUNTY ROAD, Essa (Thornton), ON L0L2N2

$3.1M total

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Asset Class

Retail

Size

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Building class

C

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

88%

About this property

Excellent highway commercial opportunity at 7060 County Road 27 in Thornton, Township of Essa. Zoned C3 (Highway Commercial), offering a variety of permitted uses including automotive service stations, restaurants, hotels/motels, self-storage facilities, antique dealerships and artist studios, subject to municipal regulations and approvals. Currently identified as a gas station location, the property offers potential for continued commercial use or redevelopment. Buyers to conduct their own due diligence regarding zoning, permitted uses, environmental conditions and development potential. Property being sold under Power of Sale. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$3.10M
Down payment30% · $930K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$14K

Projected NOI

$173K

Annual cash flow

$884

Cash-on-cash

0.10%

DSCR

1.01

Going-in cap

5.57%

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

51,495

Households

17,954

Median income

$73,500

Median age

40.8

Daytime population

65,811

5-yr growth

3.5%

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

Secure deal room

Confidential diligence documents for 27 - 7060 COUNTY ROAD, Essa (Thornton).

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.