For Lease · Multifamily

A - 16 STORE STREET, Prince Edward County (Hillier Ward)

A - 16 STORE STREET, Prince Edward County (Hillier Ward), ON K0K1T0

Price on request

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Asset Class

Multifamily

Size

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Building class

B

Zoning

RF6 — Medium Density

$ / SF

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Occupancy

83%

About this property

Updated 3-bedroom, 2-bathroom home available for lease in Consecon! Entering through the covered sunroom, this home features a spacious living room with large bright windows, dining room, kitchen, 4-piece bathroom and shared laundry on the main level. Upstairs you will find the primary bedroom, and two additional bedrooms with a 2-piece bathroom. A private driveway provides parking for 2 vehicles, along with a your own deck and serene backyard. A 30 minute drive to Belleville, or Picton and just 15 minutes into Trenton. Rent includes heat and water. Electricity is to be paid by tenants. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$67K

Annual cash flow

$-16K

Cash-on-cash

-3.54%

DSCR

0.81

Going-in cap

4.48%

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

108,801

Households

46,233

Median income

$86,000

Median age

42.7

Daytime population

97,996

5-yr growth

4.7%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for A - 16 STORE STREET, Prince Edward County (Hillier Ward).

NDA required
  • 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.