










1/12Unknown, ON
$1.3M total
5,580 SF
Asset Class
Industrial
Size
5,580 SF
Building class
B
Zoning
IB — Industrial Business
$ / SF
$224
Occupancy
84%
Lot Size
0.501 ac
Clear height
23 ft
Loading docks
8
Position your portfolio for long-term stability with this well-maintained self-storage facility in the City of Orillia. Offering 43 rentable storage units in a variety of sizes, the property has demonstrated historically high occupancy rates, providing dependable income potential in a market with ongoing demand for storage solutions.A standout feature is the large heated unit with its own washroom, creating exceptional flexibility for an owner-operator. Ideal for a contractor, tradesperson, service business, distributor, or small business requiring workspace and storage, this unit allows an owner to operate from the property while generating rental income from the remaining storage units. Alternatively, investors can lease the entire facility to maximize income and benefit from a straightforward, low-maintenance investment.The property has been well cared for and presents professionally, helping to attract and retain tenants while minimizing immediate capital requirements. With multiple unit sizes serving a broad customer base, established rental demand, and opportunities for future income growth, this is an excellent opportunity for investors seeking reliable cash flow or business owners looking to combine their own operational space with an income-producing asset.A rare opportunity to acquire a proven commercial investment with both owner-occupier and pure investment appeal in one of Central Ontario's growing markets. (id:66811)
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Monthly debt service
$6K
Projected NOI
$57K
Annual cash flow
$-12K
Cash-on-cash
-3.21%
DSCR
0.83
Going-in cap
4.58%
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.
| Tenant | Area | Expiry |
|---|---|---|
| Northbridge Logistics | 2,026 SF | 2034-03 |
| Northbridge Logistics | 1,143 SF | 2034-03 |
| Northbridge Logistics | 1,502 SF | 2034-03 |
Trade area within 3 miles of the property.
Population
83,928
Households
37,728
Median income
$120,500
Median age
36
Daytime population
83,573
5-yr growth
1.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for Unknown.
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.