For Sale · Industrial

303 8495 ONTARIO STREET, Vancouver

303 8495 ONTARIO STREET, Vancouver, BC V5X3E8

$1.3M total

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Asset Class

Industrial

Size

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Building class

A

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

94%

Year Built

1977

Clear height

22 ft

Loading docks

8

About this property

RARE SOUTH VANCOUVER COMMERCIAL OPPORTUNITY! Bring your business, operations, and vision to this approximately 2,760 sq.ft., 20 ft ceiling (approximate), I-2 zoned property. Offering a functional and versatile layout with 2 bathrooms, 1 wet bar, and 2 private office rooms, the space is ideally suited for businesses seeking a combination of workspace and office facilities. Conveniently located in South Vancouver with excellent access to major transportation routes. An outstanding opportunity for an owner-user looking to secure a functional commercial space in Vancouver and take control of their business premises. Please check zoning bylaw for "I-2" on City website before booking any private showings. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.29M
Down payment30% · $387K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$72K

Annual cash flow

$482

Cash-on-cash

0.12%

DSCR

1.01

Going-in cap

5.58%

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

47,757

Households

17,006

Median income

$66,500

Median age

41

Daytime population

76,671

5-yr growth

4.8%

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

Secure deal room

Confidential diligence documents for 303 8495 ONTARIO STREET, Vancouver.

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.