For Lease · Retail

MAIN FLOOR - 2449 HIGHWAY 11 N, Oro-Medonte

MAIN FLOOR - 2449 HIGHWAY 11 N, Oro-Medonte, ON L0L2E0

Price on request

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Asset Class

Retail

Size

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Building class

C

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

97%

Lot Size

2000 ac

About this property

Unique opportunity to lease the main floor of the historic Ross House, a heritage-listed property prominently situated along Highway 11 in Oro-Medonte. Full of character and charm, this distinctive commercial space offers excellent highway exposure, convenient access and parking. Local Commercial zoning provides flexibility for a variety of potential uses, including professional office, retail, wellness or yoga studio, music studio, restaurant and more. An exceptional setting for a business looking for visibility and a space that stands apart. Tenant to verify intended use and all applicable zoning requirements. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$85K

Annual cash flow

$2K

Cash-on-cash

0.46%

DSCR

1.02

Going-in cap

5.68%

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

70,276

Households

27,903

Median income

$90,000

Median age

42

Daytime population

97,668

5-yr growth

8.7%

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

Secure deal room

Confidential diligence documents for MAIN FLOOR - 2449 HIGHWAY 11 N, Oro-Medonte.

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.