1/111305-1311 OTTAWA, Windsor
1305-1311 OTTAWA, Windsor, ON N8X2E9
$699,900 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
92%
Clear height
32 ft
Loading docks
9
About this property
ATTN Investors! 2 legal, low maintenance, historically fully rented turn-key units with high visibility in a long term thriving area. Current combined GROSS Rents are $4,300+Utilities/mth w/annual escalating rent increases. (Landlord pays property taxes $7,287.22 and water $1,100 annually). With approx 2,400 sq ft total plus separate basements, this location and unit make-up will ensure long term success for all portfolio. Full marketing package available upon request. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$34K
Annual cash flow
$-5K
Cash-on-cash
-2.24%
DSCR
0.88
Going-in cap
4.87%
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
65,255
Households
25,207
Median income
$112,000
Median age
32.2
Daytime population
68,862
5-yr growth
5.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 1305-1311 OTTAWA, Windsor.
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.