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.
Unique Industrial Investment Opportunity - North Port Industrial Park, Port Perry. An exceptional industrial investment opportunity located in Port Perry's North Port Industrial Park, offering convenient access to Highway 12/7, Highway 407, Highway 401 and Highway 404, all within approximately 35 minutes. The property features 234.94 feet of frontage on 2.46 acres of land, as per MPAC, and is improved with a 12,300-square-footindustrial building. The site includes secure perimeter fencing, gravel parking and storage yard, and level topography. The building offers a maximum 12-foot warehouse ceiling height and is currently vacant. Zoned M-2 Industrial, the property permits a variety of industrial uses, including outdoor storage. The clear-span building provides flexibility for a single-user operation or can be configured and divided to accommodate multiple tenants. The property is equipped with 600-volt electrical service, 120/208-volt three-phase power, a heated floor in the main office area, and high-speed internet. There is also potential for future expansion. The property is designated Core Employment under the Official Plan and is zoned for industrial use, providing a strong foundation for a range of industrial, manufacturing, warehousing and related commercial applications.Highlights:12,300 SF industrial building built 2002 2.46 acres 234.94' frontage M-2 zoning 12' warehouse ceiling height Clear-span construction Secure fenced yard Outdoor storage permitted Gravel parking/storage area 600V electrical service 120/208V 3-phase power Expansion potential Core Employment designation
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Estimated Rental Income
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A monthly rent range from nearby leased homes of the same type and size
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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$13,666/mo
Mortgage (principal + interest)$10,849
Property taxFrom listing: $33,804/yr$2,817
Minimum 20% ($580,000 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. 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$580,000
Ontario land transfer taxProvincial brackets, no first-time refund$58,975
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$641,775
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Scugog 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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