Business For Sale · Industrial

7 SMYTHE ROAD, Carleton Place

7 SMYTHE ROAD, Carleton Place, ON K7C4J4

$599,900 total

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Asset Class

Industrial

Size

—

Building class

A

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

83%

Lot Size

43464.67 ac

Clear height

29 ft

Loading docks

13

About this property

An exceptional opportunity to secure a versatile property in the rapidly expanding community of Carleton Place! Offering outstanding development and investment potential, 7 Smythe Road features flexible zoning permitting an extensive range of industrial, commercial, automotive, retail, service, and institutional uses. Permitted uses include automotive repair garages, body shops, service stations, manufacturing (Class I, II & III), workshops, warehouses, distribution centres, contractor shops, commercial storage, dry cleaning facilities, commercial greenhouses, fuel depots, propane refilling outlets, recreational vehicle sales and storage, municipal garages, laboratories, transportation depots, auditoriums, and more. Whether you're an investor, developer, or business owner looking to establish or expand your operations, this property presents an exciting opportunity to capitalize on the continued growth and development of Carleton Place. Unlock the potential. Explore the possibilities. Make your next investment count! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$600K
Down payment30% · $180K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$26K

Annual cash flow

$-8K

Cash-on-cash

-4.19%

DSCR

0.77

Going-in cap

4.29%

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

80,685

Households

32,974

Median income

$100,000

Median age

31.8

Daytime population

70,607

5-yr growth

6.5%

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

Secure deal room

Confidential diligence documents for 7 SMYTHE ROAD, Carleton Place.

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.