Business For Sale · Land

YARD - 2885 ALTONA ROAD, Pickering

YARD - 2885 ALTONA ROAD, Pickering, ON L1X0J9

Price on request

—

Asset Class

Land

Size

—

Building class

A

Zoning

AG — Agricultural

$ / SF

—

Occupancy

100%

Lot Size

6300 ac

About this property

Outdoor land available for lease in North Pickering. Approximately 60 x 105. Ideal for contractors, landscapers, and businesses requiring space for vehicles, machinery, equipment, or materials. Conveniently located approximately 5 minutes from Highway 407 and Highway 7, and 10 minutes from Highway 401. Flexible landlord open to considering a variety of uses and lease arrangements. Additional outdoor space available (1.259 Acres) + a 5,000 sq. ft. barn are also available for lease under separate MLS listings. Tenant to independently verify zoning and confirm that its intended use is permitted by the City of Pickering. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy100%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$89K

Annual cash flow

$6K

Cash-on-cash

1.31%

DSCR

1.07

Going-in cap

5.94%

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

104,017

Households

40,349

Median income

$111,000

Median age

34.4

Daytime population

172,818

5-yr growth

6.8%

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

Secure deal room

Confidential diligence documents for YARD - 2885 ALTONA ROAD, Pickering.

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.