The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Exceptional owner-occupier opportunity to acquire two adjoining industrial condominium units offered together in the highly sought-after Loyalist Township Business Park. Comprising 2,400 square feet on the main level plus a 395 square foot mezzanine, this well-maintained facility was constructed approximately seven years ago and offers a modern, low-maintenance solution for a wide range of industrial, contractor, trade, service, and warehousing users.Each 1,200 square foot unit features radiant natural gas heating, 100-amp electrical service, a barrier-free 2-piece washroom, powered 12' x 12' overhead drive-in door, front and rear man doors, and an adjoining interior access door allowing the units to function together or independently. Unit #2 includes a 395 square foot mezzanine ideally suited for office and storage purposes. Ceiling height is approximately 14'3" to the drywalled ceiling, with 7'3" clearance beneath the mezzanine.The property offers excellent accessibility, ample paved parking, and a legal side and rear compound providing valuable outdoor storage and operational flexibility. Zoned M1-15 Light Industrial, the property permits a broad range of industrial and commercial uses, making it an ideal location for contractors, trades, equipment service businesses, warehousing, light manufacturing, and owner-operated enterprises.Strategically located on the primary east-west corridor connecting Loyalist Township and Kingston, and only minutes from Highway 401, the property provides convenient access for customers, suppliers, and employees while benefiting from the continued growth of the Amherstview and west Kingston markets.Rarely does modern industrial condominium space with a legal outdoor storage component become available in this location. Offered at $595,000 for both units. Units are being sold together and will not be sold separately.
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$3,167/mo
Mortgage (principal + interest)$2,226
Property taxFrom listing: $11,290/yr$941
Minimum $34,500 down for this price; the slider moves in whole percent, starting at 6%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$119,000
Ontario land transfer taxProvincial brackets, no first-time refund$8,375
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$130,175
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Loyalist has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
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