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Price on request
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Asset Class
Office
Size
—
Building class
A
Zoning
CO — Commercial Office
$ / SF
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Occupancy
91%
Available Immediately! Prime Downtown Orillia Leasing Opportunity! Beautifully Main Floor Unit Fully Renovated And Never-Before-Occupied, This Bright And Modern Space Features 2 Separate Rooms, 1 Full Bathroom, Full Kitchen And Private In-Suite Laundry, Offering A Flexible Layout For A Variety Of Potential Business, Professional And Administrative Uses. Property Is Zoned DS1-5 (Downtown Shoulder One, Exception Five) And Located Within The Downtown Area Overlay Zone. Excellent Opportunity For Doctors, Medical & Healthcare Professionals, Law Offices, Real Estate, Mortgage,Insurance, Accounting, Financial Services, Consulting Or Other Professional Uses, Subject To The Tenant's Specific Intended Use And All Applicable Municipal, Zoning, Building And Other Required Approvals. Available Immediately. Excellent Downtown Location Just Minutes From Orillia Soldiers' Memorial Hospital And Close To The Courthouse, Downtown Businesses, Banks, Restaurants, Cafés, Orillia Public Library, Public Transit And Ontario Northland Bus Service. The Two Separate Rooms Offer Excellent Flexibility For Private Offices, Consultation Rooms Or Meeting Space. Full Kitchen, Private Laundry, Separate Utilities And Private Rear Parking Provide Additional Convenience. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$77K
Annual cash flow
$-6K
Cash-on-cash
-1.26%
DSCR
0.93
Going-in cap
5.16%
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
104,666
Households
38,498
Median income
$110,000
Median age
31.8
Daytime population
108,217
5-yr growth
7.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for MAIN FLOOR UNIT - 28 WEST STREET N, Orillia.
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.