Business For Sale · Retail

2 - 123 WATERLOO STREET S, Stratford (Stratford)

2 - 123 WATERLOO STREET S, Stratford (Stratford), ON N5A4B3

$85,000 total

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Asset Class

Retail

Size

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Building class

A

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

99%

About this property

CONVENIENCE with VAPE STORE OPPORTUNITY in STRATFORD, ON. Brand new turnkey convenience store located at the busy intersection of Waterloo St S & Ontario St in a prime, high-traffic location with excellent visibility and exposure. Surrounded by established residential neighbourhoods, schools, parks, retail stores, restaurants, local businesses, and major amenities, providing excellent customer traffic. Seller Financing is Available and Training will be provided. Rent: $2500/m Including TMI + HST, Lease Term: Brand New. Potential for 3 U-haul trucks. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$85K
Down payment30% · $26K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$393

Projected NOI

$6K

Annual cash flow

$1K

Cash-on-cash

4.39%

DSCR

1.24

Going-in cap

6.86%

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.

Area demographics

Trade area within 3 miles of the property.

Population

71,220

Households

26,828

Median income

$88,500

Median age

45.3

Daytime population

63,096

5-yr growth

8.1%

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

Secure deal room

Confidential diligence documents for 2 - 123 WATERLOO STREET S, Stratford (Stratford).

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.