For Sale · Industrial

1786 MATCHETT LINE, Otonabee-South Monaghan

1786 MATCHETT LINE, Otonabee-South Monaghan, ON K9J6Y3

$1.3M total

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Asset Class

Industrial

Size

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Building class

B

Zoning

IL — Light Industrial

$ / SF

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Occupancy

95%

Lot Size

3.05 ac

Clear height

23 ft

Loading docks

8

About this property

The ultimate live/work setup for contractors, trades, or home-based business owners! This stunning country property features an incredible ~3,000 sq ft shop tailored for supply storage, loading/unloading trucks, and logistical efficiency with built-in racking, work stations, and an upstairs loft. SEE ATTACHED - permitted uses include home industry for a small-scale commercial or industrial establishment that operates entirely within a separate accessory building on the same lot as the home of the proprietor. Enjoy working steps from home while enjoying the quiet country-side of the surrounding neighbourhood. Beyond the shop, the craftsman-style home boasts extraordinary character and attention to detail with high-end modern finishes. The heart of the home is the large kitchen, which features vaulted ceilings, exposed wood beams, a gorgeous exposed brick wall, quartz countertops, stainless steel appliances, a built-in wine fridge, and large center island. Hardwood floors run through the spacious, light-filled living areas, complemented by second-level laundry for modern convenience. Relax in the four-season sunroom by the fireplace, or step outside to the stamped concrete patio to enjoy panoramic country views and breathtaking sunsets. It includes 4 bedrooms, with the fourth bedroom located on the main floor offering the flexibility to be used as an office, 2 full bathrooms, and an oversized attached garage with high ceilings for all your recreational toys. Perfectly positioned just 5 minutes to Hwy 115, 30 minutes to the Durham Region, and an hour to Toronto. The perfect country retreat for your family and growing business! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.35M
Down payment30% · $405K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$77K

Annual cash flow

$3K

Cash-on-cash

0.66%

DSCR

1.04

Going-in cap

5.74%

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

88,974

Households

37,220

Median income

$89,500

Median age

44.9

Daytime population

120,646

5-yr growth

8.1%

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

Secure deal room

Confidential diligence documents for 1786 MATCHETT LINE, Otonabee-South Monaghan.

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.