For Lease · Land

6030 Estaire Road, Estaire

6030 Estaire Road, Estaire, ON P3G0A4

$10,000 per sq ft / yr

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Asset Class

Land

Size

—

Building class

C

Zoning

UR — Urban Reserve

$ / SF

—

Occupancy

85%

About this property

Commercial land, office trailer and storage for lease on Estaire Road. 25 acre site with an approximately 1,152 sq. ft. office trailer and 2,400 sq. ft. equipment building. The office includes 3 offices, 2 bathrooms, reception, boardroom and copier room, while the equipment building provides additional storage and workspace. Zoned RU(58), permitting a heavy equipment repair shop, related office space, storage yard and accessory uses. The property is serviced by a water holding tank and septic system. Land is available for lease with up to approximately 25 acres available depending on tenant requirements. Landlord is willing to clear and prepare land for a qualified long-term tenant, providing flexibility for expanded operations, equipment storage or yard requirements. $10,000 Semi-Gross Rate with Tenant responsible for maintenance and utilities. Ideal for contractors, equipment operators, repair businesses and other permitted users. (id:66811)

Financial sandbox

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Estimate
Purchase price$10K
Down payment30% · $3K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$46

Projected NOI

$465

Annual cash flow

$-89

Cash-on-cash

-2.97%

DSCR

0.84

Going-in cap

4.65%

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

75,278

Households

28,313

Median income

$79,500

Median age

42

Daytime population

93,404

5-yr growth

9.1%

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

Secure deal room

Confidential diligence documents for 6030 Estaire Road, Estaire.

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.