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$9.8M total
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Asset Class
Industrial
Size
—
Building class
C
Zoning
IM — Medium Industrial
$ / SF
—
Occupancy
90%
Lot Size
20452 ac
Clear height
27 ft
Loading docks
10
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)
Adjust the deal assumptions — returns recalculate instantly.
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.
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.
Confidential diligence documents for 39 CARDICO DRIVE, Whitchurch-Stouffville.
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.