For Lease · Land

2362 FAIRVIEW STREET, Burlington (Brant)

2362 FAIRVIEW STREET, Burlington (Brant), ON L7R2E4

Price on request

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Asset Class

Land

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

92%

Lot Size

2 ac

About this property

Prime Burlington Location With Easy Access To The Qew. 2 acre Level Lot available for lease. Packed Gravel. Fully Fenced With Barbed Wire, 2 Double Wide Gates For Dual Access Off Of Fairview Street. Ideal Outside Storage For Construction, Landscaping, Auto Or Watercraft, Disposal Bins. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$79K

Annual cash flow

$-4K

Cash-on-cash

-0.97%

DSCR

0.95

Going-in cap

5.25%

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

130,361

Households

47,089

Median income

$134,500

Median age

39.4

Daytime population

197,620

5-yr growth

6.3%

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

Secure deal room

Confidential diligence documents for 2362 FAIRVIEW STREET, Burlington (Brant).

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.