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$699,900 total
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Asset Class
Retail
Size
—
Building class
B
Zoning
CNC — Neighbourhood Commercial
$ / SF
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Occupancy
83%
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)
Adjust the deal assumptions — returns recalculate instantly.
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.
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.
Confidential diligence documents for 82 KING STREET, Kawartha Lakes (Woodville).
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.