For Lease · Industrial

11 - 117 RINGWOOD DRIVE, Whitchurch-Stouffville (Stouffville)

11 - 117 RINGWOOD DRIVE, Whitchurch-Stouffville (Stouffville), ON L4A8C1

Price on request

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Asset Class

Industrial

Size

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Building class

B

Zoning

IB — Industrial Business

$ / SF

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Occupancy

99%

Clear height

23 ft

Loading docks

9

About this property

Approx. 740 Sq. Ft. Commercial/Industrial Space For Lease In The Heart Of Stouffville. Fully Renovated And Move-In Ready, Featuring New Flooring, LED Lighting, Electrical Outlets, Ceiling Tiles & Fresh Paint. Functional Layout Includes Front Office/Retail Area, Open Workspace, Kitchenette, 3-Pc Bathroom & Warehouse/Storage Area With Drive-In Loading Door. Partially Furnished. EBP (14) Zoning Allows A Variety Of Permitted Uses, Including Office, Retail Store, Business Services, Studio, E-Commerce, Commercial School, Recording Studio & Warehouse. Ample Public Parking. Convenient Location Just Minutes To Hwy 48 & Public Transit. Ideal For Professional Office, Retail, Studio, E-Commerce Or Small Business Use. Tenant Responsible For Electricity Only. Condo Management Covers Common Area Cleaning, Including Men's & Women's Washrooms, Snow Removal & Lawn Maintenance. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$88K

Annual cash flow

$5K

Cash-on-cash

1.03%

DSCR

1.06

Going-in cap

5.85%

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

130,544

Households

48,911

Median income

$89,500

Median age

44.8

Daytime population

209,961

5-yr growth

4.8%

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

Secure deal room

Confidential diligence documents for 11 - 117 RINGWOOD DRIVE, Whitchurch-Stouffville (Stouffville).

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.