1/509 - 110 PONY DRIVE, Newmarket (Newmarket Industrial Park)
9 - 110 PONY DRIVE, Newmarket (Newmarket Industrial Park), ON L3Y7B6
$859,900 total
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Asset Class
Industrial
Size
—
Building class
A
Zoning
IB — Industrial Business
$ / SF
—
Occupancy
94%
Clear height
19 ft
Loading docks
9
About this property
Industrial Commercial Condominium unit in the heart of Newmarket's established Industrial Park. Features a fully renovated office/showroom with washroom, plus an upper-level office with plenty of natural light from skylights. High ceilings and professionally built mezzanine's throughout provide additional storage/work spaces. Rear grade-level drive-in shipping/loading door offers convenient access.Currently configured for a renovation and custom carpentry business. Some of the existing business fixtures may be available for inclusion.Located in a General Employment (EG) industrial area, with permitted uses including office, manufacturing, warehousing, distribution, service and technology-related uses. Additional uses may be permitted subject to zoning requirements.Ample on-site parking. Excellent location with convenient access to Highway 404, Costco, shopping, public transit, restaurants and coffee shops, along with Newmarket's growing commercial amenities. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$4K
Projected NOI
$43K
Annual cash flow
$-5K
Cash-on-cash
-1.86%
DSCR
0.90
Going-in cap
4.98%
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
110,760
Households
44,401
Median income
$120,500
Median age
33.9
Daytime population
115,808
5-yr growth
2.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 9 - 110 PONY DRIVE, Newmarket (Newmarket Industrial Park).
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.