1/4274 St Clair STREET, Chatham
274 St Clair STREET, Chatham, ON N7L3K1
$395,000 total
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Asset Class
Industrial
Size
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Building class
A
Zoning
IM — Medium Industrial
$ / SF
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Occupancy
97%
Year Built
1920
Clear height
18 ft
Loading docks
5
About this property
**Income opportunity!!**Multi unit property in PRIME LOCATION currently divided into 2 residential rental units. Plenty of parking is offered on site and with a list of possible zoning uses, this property might just suit whatever you may have in mind! Come and see for yourself;) Showing requests require 48 hours advance to respect tenant notification. Property being sol din **AS IS** condition. Current rental income approximately $1900/month. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$23K
Annual cash flow
$1K
Cash-on-cash
1.19%
DSCR
1.06
Going-in cap
5.90%
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
142,904
Households
59,483
Median income
$135,500
Median age
38.3
Daytime population
206,064
5-yr growth
3.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 274 St Clair STREET, Chatham.
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.