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For Sale · Retail

313 SCOTIA STREET, Schreiber

313 SCOTIA STREET, Schreiber, ON P0T2W0

$105,000 total

2,146 SF

Asset Class

Retail

Size

2,146 SF

Building class

C

Zoning

CNC — Neighbourhood Commercial

$ / SF

$49

Occupancy

92%

Lot Size

2146 ac

About this property

Great Downtown Investment Opportunity! This commercial building offers excellent visibility in the downtown business district, surrounded by established retail and service businesses and conveniently located close to the post office. The main level features a storefront with great potential for a variety of business uses. Upstairs is a residential apartment with its own separate entrance, providing the opportunity for additional rental income or owner accommodation. Featuring 3 bedrooms on the 2nd level,2 bathrooms and a full kitchen. Back lane access adds extra convenience for deliveries, parking or access to the property. A versatile property offering both commercial and residential potential in a central location. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$105K
Down payment30% · $32K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$485

Projected NOI

$7K

Annual cash flow

$705

Cash-on-cash

2.24%

DSCR

1.12

Going-in cap

6.21%

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.

Rent roll (estimated)

TenantAreaExpiry
Cascade Foods Inc.598 SF2028-01
Cascade Foods Inc.1,379 SF2028-01

Area demographics

Trade area within 3 miles of the property.

Population

65,369

Households

26,500

Median income

$68,000

Median age

38.2

Daytime population

70,309

5-yr growth

2.7%

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

Secure deal room

Confidential diligence documents for 313 SCOTIA STREET, Schreiber.

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.