Business For Sale · Retail

2B - 10385 WESTON ROAD, Vaughan (Vellore Village)

2B - 10385 WESTON ROAD, Vaughan (Vellore Village), ON L4H3T4

Price on request

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Asset Class

Retail

Size

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Building class

B

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

84%

About this property

Rare small retail unit. Currently set up as dry cleaning business. Located in one of the most prestigious areas of Woodbridge. Prime retail dry cleaning space available. Fully equipped and ready to operate. Other Tenants include Medical / Walk-in Clinic, Pharmacy, Turkish Cuisine, Bakery & Pastry, Dental, Montessori School, Nail Salon, Convenience Store, Optometrist, Medical & Aesthetics Clinic. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$68K

Annual cash flow

$-15K

Cash-on-cash

-3.26%

DSCR

0.82

Going-in cap

4.56%

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

93,942

Households

38,967

Median income

$111,500

Median age

35.1

Daytime population

83,634

5-yr growth

7.9%

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

Secure deal room

Confidential diligence documents for 2B - 10385 WESTON ROAD, Vaughan (Vellore Village).

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.