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Price on request
—
Asset Class
Industrial
Size
—
Building class
A
Zoning
IL — Light Industrial
$ / SF
—
Occupancy
85%
Clear height
24 ft
Loading docks
8
Rarely Offered Multi-Use Commercial/Industrial Unit In A Prime Newmarket Location* Approximately 3,320 Sq. Ft. Of Highly Functional Space* 1,920 Sq. Ft. Of Industrial Space + Approximately 1,400 Sq. Ft. Of Office Space * Excellent Industrial / Office Ratio* Versatile Sized Unit Offering An Ideal Balance Of Space, Functionality & Affordability* Fantastic Usable Layout For A Wide Variety Of Businesses* Approximately 20 Ft Ceiling Height In Main Industrial Area* Approximately 10 Ft Ceiling Height In Upper Industrial Section* Drive Up Truck Garage Door* Measuring Approximately 10Ft High x 8Ft Wide* Powerful 600 AMP Electrical Service* 3 Private Offices* Front Reception Desk Area W/ Accent Wall* Spacious Eat-In Kitchen Area* 2 Kitchenettes W/ Sink* 2 Bathrooms* Gas Forced-Air Heating* Central Air Conditioning* Shared Parking* EG Employment General Zoning Permitting A Wide Variety Of Employment, Industrial, Manufacturing, Warehousing, Office And Service Uses* Excellent Location Near Leslie Street & Davis Drive* Quick And Convenient Access To Highway 404* Perfect Opportunity For An Owner-Operator Or Growing Business* Tenant And Tenant's Agent To Verify Measurements, Zoning, Permitted Uses And All Information* Must See! Don't Miss* (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$70K
Annual cash flow
$-13K
Cash-on-cash
-2.97%
DSCR
0.84
Going-in cap
4.65%
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.
Trade area within 3 miles of the property.
Population
117,004
Households
41,236
Median income
$113,500
Median age
32.1
Daytime population
184,004
5-yr growth
1.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 9 - 1111 GORHAM STREET, Newmarket (Newmarket Industrial Park).
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.