Business For Sale · Land

762 MCKAY ROAD, Pickering (Brock Industrial)

762 MCKAY ROAD, Pickering (Brock Industrial), ON L1W2Y4

Price on request

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Asset Class

Land

Size

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Building class

C

Zoning

AG — Agricultural

$ / SF

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Occupancy

88%

Lot Size

1.33 ac

About this property

11 Storage / Parking Lots Available in Prime Pickering Industrial Area. Gated Units as follows: 1 Lot 3,000 sq.ft. $2000/month , 8 Lots at 3,500 sq.ft. $2500/month, 2 Lots at 4,000 sq.ft. $4000/month . There is a 10,000 sq.ft. common space to turn around. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$74K

Annual cash flow

$-10K

Cash-on-cash

-2.11%

DSCR

0.89

Going-in cap

4.91%

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

48,000

Households

16,791

Median income

$76,500

Median age

44.9

Daytime population

69,417

5-yr growth

2.7%

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

Secure deal room

Confidential diligence documents for 762 MCKAY ROAD, Pickering (Brock Industrial).

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.