For Sale · Retail

82 KING STREET, Kawartha Lakes (Woodville)

82 KING STREET, Kawartha Lakes (Woodville), ON K0M2T0

$699,900 total

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Asset Class

Retail

Size

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Building class

B

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

83%

About this property

Impressive mixed use office building with stunning curb appeal. 100% leased out to excellent long term tenants. Located on the main street of Woodville with great exposure this stately mixed use commercial unit comes with C1 zoning a very professional main floor area with 2 apartments upstairs. Residential tenants have their own separate entrance and parking and are fantastic long term tenants. Lower commercial tenant has 3 years left on a 5 year lease with another 5 year option. Fully City compliant and excellent rent rates make this more than an attractive investment for even the fussiest investor. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$700K
Down payment30% · $210K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$38K

Annual cash flow

$-963

Cash-on-cash

-0.46%

DSCR

0.98

Going-in cap

5.40%

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

110,497

Households

45,342

Median income

$76,500

Median age

40.2

Daytime population

166,514

5-yr growth

6%

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

Secure deal room

Confidential diligence documents for 82 KING STREET, Kawartha Lakes (Woodville).

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.