1/361221 POISSON, Tecumseh
1221 POISSON, Tecumseh, ON N8N1T2
$999,000 total
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Asset Class
Multifamily
Size
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Building class
B
Zoning
RA9 — High Rise
$ / SF
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Occupancy
98%
About this property
RARE TECUMSEH INVESTMENT OPPORTUNITY! Updated duplex on an approx. 80' x 100' lot with 40' x 100' of open land. ZONED COMMERCIAL!! Two self-contained 2-bedroom units with kitchens and laundry; main floor has 1.5 baths and basement access, upper has 1 bath and private deck. NEW furnace, A/C, roof, windows, appliances and upgraded 200-amp service! Currently used for short-term rentals. Steps from Bourbon Tap & Grill. CALL TODAY! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$5K
Projected NOI
$47K
Annual cash flow
$-9K
Cash-on-cash
-2.94%
DSCR
0.84
Going-in cap
4.66%
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
52,811
Households
23,608
Median income
$65,500
Median age
35.8
Daytime population
74,529
5-yr growth
3.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 1221 POISSON, Tecumseh.
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.