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$1.9M total
4,076 SF
Asset Class
Industrial
Size
4,076 SF
Building class
C
Zoning
IL — Light Industrial
$ / SF
$466
Occupancy
99%
Clear height
27 ft
Loading docks
9
Exceptional opportunity to own a 4,076 sq. ft. industrial unit in a newly renovated condominium complex. This upgraded space features a dedicated retail/showroom area, elegant porcelain flooring, and two bathrooms, including a full bathroom with a glass-enclosed shower. The unit also offers convenient drive-in door access.Ideally situated with prominent Highway 401 exposure and excellent signage potential, the property provides easy access to major 400-series highways. E1.0 zoning allows for a wide range of permitted uses, making this an ideal opportunity for businesses seeking versatile industrial, retail, or showroom space in a well-established and diverse business district. (id:66811)
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Monthly debt service
$9K
Projected NOI
$118K
Annual cash flow
$13K
Cash-on-cash
2.28%
DSCR
1.12
Going-in cap
6.22%
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.
| Tenant | Area | Expiry |
|---|---|---|
| Northbridge Logistics | 2,772 SF | 2029-10 |
| Northbridge Logistics | 866 SF | 2029-10 |
| Northbridge Logistics | 400 SF | 2029-10 |
Trade area within 3 miles of the property.
Population
72,096
Households
34,204
Median income
$136,000
Median age
41.3
Daytime population
112,463
5-yr growth
5.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 11 - 35 STOFFEL DRIVE, Toronto (West Humber-Clairville).
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.