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45 Eric T Smith Way 4,394 SF Industrial Condo Unit Offered at $1,826,491 in Aurora, ON L4G 7C6
Investment Highlights
- Property includes ample parking.
- Building is located very close to Highway 404 and public transit.
Executive Summary
New industrial building, finished in 2022 and located very close to Highway 404.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 4.00% |
| Sale Type | Investment |
| Cap Rate | 4.00% |
Description
Brand new industrial unit at prime location with many permitted uses. 24 foot clear height with truck level dock door and dock leveler.
Sale Notes
Fits 53 foot trucks at rear. Ideal for warehouse, manufacturing, machine shop, etc. Excellent location very close to Hwy 404, transit, restaurants, & shopping. Very large windows providing lots of natural light. Modern equipped with a brand new roof-top hvac. Location provides reliable access to public transit, labour, & more. Mortgage can be assumed for $1.7 million, at 7.59% interest rate.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 17 | 4,394 SF | Industrial | $1,826,491 USD ($415.68 USD/SF) | $73,060.34 USD |
Unit 17
| Unit Size |
| 4,394 SF |
| Condo Use |
| Industrial |
| Price |
| $1,826,491 USD ($415.68 USD/SF) |
| NOI |
| $73,060.34 USD |
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Unit 17
| Unit Size | 4,394 SF |
| Condo Use | Industrial |
| Price | $1,826,491 USD ($415.68 USD/SF) |
| NOI | $73,060.34 USD |
| Sale Type | Investment |
| Cap Rate | 4.00% |
| Description | |
| Brand new industrial unit at prime location with many permitted uses. 24 foot clear height with truck level dock door and dock leveler.</li></ul> | |
| Sale Notes | |
| Fits 53 foot trucks at rear. Ideal for warehouse, manufacturing, machine shop, etc. Excellent location very close to Hwy 404, transit, restaurants, & shopping. Very large windows providing lots of natural light. Modern equipped with a brand new roof-top hvac. Location provides reliable access to public transit, labour, & more. Mortgage can be assumed for $1.7 million, at 7.59% interest rate.</li></ul> |
Property Facts
The following property facts, amenities, and utilities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 62,763 SF | Typical Floor Size | 31,382 SF |
| Property Type | Industrial (Condo) | Year Built | 2022 |
| Property Subtype | Warehouse | Lot Size | 4.34 AC |
| Building Class | B | Parking Ratio | 0.48/1,000 SF |
| Floors | 2 | ||
| Zoning | EP-BP (Business Park) - Commercial / Industrial, Manufacturing, Storage/Warehouse, Recreation, More | ||
| Total Building Size | 62,763 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 31,382 SF |
| Year Built | 2022 |
| Lot Size | 4.34 AC |
| Parking Ratio | 0.48/1,000 SF |
| Zoning | EP-BP (Business Park) - Commercial / Industrial, Manufacturing, Storage/Warehouse, Recreation, More |
Amenities
- 24 Hour Access
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - Septic Field
- Heating - Gas
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
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45 Eric T Smith Way
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