Business For Sale · Industrial

39 CARDICO DRIVE, Whitchurch-Stouffville

39 CARDICO DRIVE, Whitchurch-Stouffville, ON L4A2G5

$9.8M total

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Asset Class

Industrial

Size

—

Building class

C

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

90%

Lot Size

20452 ac

Clear height

27 ft

Loading docks

10

About this property

20,452sqft Free-standing Industrial Warehouse In the Fast Growing Gormley Industrial Area. Currently Operating As A Welding And Iron Work Business. High Quality And Well-maintained Customize Built Warehouse With 3 Cranes Overhang For Heavy Duty Uses. 24FT Clear Height. Additional Office Space On 2nd Floor. Heavy Industrial EH Zoning Supports Many Use: Manufacture; Warehousing & Distribution; Heavy Equipment; Etc. 1.5 Acres Of Land W/ Huge Outdoor Storage. Close To Hwy 404, Go Station, Richmond Hill, Stouffville. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$9.80M
Down payment30% · $2.94M
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$45K

Projected NOI

$475K

Annual cash flow

$-68K

Cash-on-cash

-2.30%

DSCR

0.88

Going-in cap

4.85%

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

141,552

Households

52,890

Median income

$124,500

Median age

37.4

Daytime population

197,377

5-yr growth

3%

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

Secure deal room

Confidential diligence documents for 39 CARDICO DRIVE, Whitchurch-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.