1/23243 HWY 115/35, Clarington (Newcastle)
3243 HWY 115/35, Clarington (Newcastle), ON L1B0R7
Price on request
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Asset Class
Land
Size
—
Building class
A
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
91%
Lot Size
0.86 ac
About this property
Prime Highway Commercial Vacant Lot For Lease In Rapidly Developing Area Along Hwy 115/35 in Clarington. Located On Heavily Trafficked Highway Artery Leading To Northern Ontario Between Hwy 401 And 407- Major Highway Route To Peterborough And Kawartha Lakes Cottage Country. C4- Special Purpose Commercial Use On 0.86 Acres With 250 ft Frontage. Excellent Accessibility With One Entrance And One Exit Lane. Listing Salesperson Is Related To Landlord/Lessor. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$77K
Annual cash flow
$-6K
Cash-on-cash
-1.26%
DSCR
0.93
Going-in cap
5.16%
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
103,478
Households
46,008
Median income
$117,000
Median age
36.2
Daytime population
126,826
5-yr growth
1.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 3243 HWY 115/35, Clarington (Newcastle).
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.