1/16300 ATHOL STREET, Whitby (Downtown Whitby)
300 ATHOL STREET, Whitby (Downtown Whitby), ON L1N3Z4
$2.0M total
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Asset Class
Multifamily
Size
—
Building class
C
Zoning
RA9 — High Rise
$ / SF
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Occupancy
85%
About this property
This property has been under the same meticulous ownership for over 50 years. Very clean, well-maintained 8-unit brick & block apartment building located in one of Whitby's most sought-after rental locations. All 2 bedroom units. Long history of stable rents and high occupancy. Rental upside offers the opportunity to increase yield and maximize return on investment. Ample on-site parking. Laundry room in building with coin-operated machines for additional income. The building has benefited from many recent updates, ensuring a turnkey acquisition for the next investor. Properties of this calibre with deep-rooted history and an excellent maintenance record are rarely available on the market. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$9K
Projected NOI
$80K
Annual cash flow
$-30K
Cash-on-cash
-5.09%
DSCR
0.72
Going-in cap
4.01%
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
144,944
Households
60,906
Median income
$119,000
Median age
33
Daytime population
174,128
5-yr growth
5.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 300 ATHOL STREET, Whitby (Downtown Whitby).
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.