Business For Sale · Land

11A YORK STREET, Orangeville

11A YORK STREET, Orangeville, ON L9W1L7

$2.0M total

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Asset Class

Land

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

96%

Lot Size

0.7 ac

About this property

A prime asset in one of Orangeville's most sought-after historic neighbourhoods. Positioned on an expansive parcel within the newly designated Heritage Conservation District, this property combines immediate residential charm with exceptional long-term strategic value. You may have read about this unique "U-shaped" property at 11A York Street in recent months, see attached property sketch and aerial view for this rare .7 acre town lot with approx. 151.8 ft across rear which backs onto Kay Cee Gardens and offers a prime location near local amenities, shops, cafes, restaurants and Theatre. Previous application documents are available for review, along with studies done. The existing bungalow features 3 bedrooms, spacious updated kitchen/dining room with large pantry, built-in desk and convenient closet laundry. Bright open concept family room with walkout to upper sundeck and living room with cozy gas fireplace. The lower level features a massive recreation room with 2nd gas fireplace, 4th bedroom, office and 3 piece bathroom. There is also a large workshop and lots of dedicated storage for hobbies and off season items, most closets are cedar lined. The lower level offers the potential of an in-law suite with it's separate side entrance/mudroom and garage access. Home has been well maintained and updating includes windows, doors and extra insulation blown in. The west frontage of the property is approx. 9.5 ft. and has a paved driveway that leads to the garage and parking area, as well as the sprawling rear yard with towering, mature trees and gardens. (id:66811)

Financial sandbox

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Estimate
Purchase price$2.00M
Down payment30% · $600K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$9K

Projected NOI

$102K

Annual cash flow

$-9K

Cash-on-cash

-1.52%

DSCR

0.92

Going-in cap

5.09%

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

109,284

Households

38,439

Median income

$65,000

Median age

38.5

Daytime population

165,708

5-yr growth

5.7%

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

Secure deal room

Confidential diligence documents for 11A YORK STREET, Orangeville.

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.