1/3LAND #2 - 26 GORMLEY COURT, Richmond Hill
LAND #2 - 26 GORMLEY COURT, Richmond Hill, ON L4E1A2
Price on request
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Asset Class
Land
Size
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Building class
B
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
89%
About this property
Vacant Land (28 x 18 ft) for rent near Hwy 404/Stouffville Rd. Conveniently located just 2 mins from Hwy 404. Affordable rate to fit your short/long term parking and outdoor storage needs. Offers safe and secure environment. Hydro available on site. If needed, an additional 18 x 16 ft shed space adjacent to the land is also available for lease for $300/month. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$75K
Annual cash flow
$-8K
Cash-on-cash
-1.83%
DSCR
0.90
Going-in cap
4.99%
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
83,335
Households
33,313
Median income
$112,000
Median age
35.2
Daytime population
97,447
5-yr growth
4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for LAND #2 - 26 GORMLEY COURT, Richmond Hill.
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.