For Sale · Retail

704 ROSEMOUNT AVENUE, Cornwall

704 ROSEMOUNT AVENUE, Cornwall, ON K6J3E6

Price on request

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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

94%

Lot Size

0.486 ac

About this property

3,243 sq ft commercial/warehouse building with 3 drive in doors and office & warehouse area. 1 x 2pc bath and small kitchen area. Parking on the north and west side of the property only. Asking Rent is $3,000.00 per month plus HST on a fully net to the Landlord basis. Landlord to provide operating costs (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$81K

Annual cash flow

$-2K

Cash-on-cash

-0.40%

DSCR

0.98

Going-in cap

5.42%

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

115,808

Households

46,367

Median income

$102,500

Median age

31.3

Daytime population

188,692

5-yr growth

6.2%

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

Secure deal room

Confidential diligence documents for 704 ROSEMOUNT AVENUE, Cornwall.

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.