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$539,000 total
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Asset Class
Specialty
Size
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Building class
C
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
92%
Rare opportunity to own a highly improved commercial VIEW strata unit at 765 McGill Road, directly across from the university & situated along a busy Sahali shopping district with excellent visibility, convenient access, lots of parking & strong surrounding commercial activity. Well suited to owner-occupier, professional practice or personal-service business. This unit also has the unique feature of being zoned to allow for a Primary Liquor license establishment. The space features built-in cabinetry, 4 sinks (plus 1 in bathroom), washer/dryer, bar fridge, extensive electrical including floor-mounted power, exterior patio with exterior electrical, wheelchair accessibility, controlled front entry, unit-specific HVAC and a 4-camera app-based Arlo security system. McGill-facing complete TV systems hard wired thru built-in cabinetry with custom rotating mounts for interior/exterior display/marketing. Building amenities incl. gym, courtyard and second-floor conference rm. Open client parking is available in designated areas immediately adjacent to 755/765 McGill for up to 2 hrs, with longer stays possible. One underground parking stall is also included with the unit. Winter snow removal is provided for common areas. The CD2 zoning allows for liquor-primary use, subject to approval by the applicable municipal and provincial governing authorities. Smoking is allowed on the unit's patio. Strata fee: $308.88. GST applicable. Buyer to confirm listing details if important. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$34K
Annual cash flow
$5K
Cash-on-cash
2.82%
DSCR
1.15
Going-in cap
6.39%
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.
Trade area within 3 miles of the property.
Population
67,923
Households
25,173
Median income
$116,500
Median age
34.5
Daytime population
84,019
5-yr growth
1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 765 McGill Road Unit# 101, Kamloops.
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.