For Sale · Multifamily

UNIT # 3 - 19 JAMES STREET, Arnprior

UNIT # 3 - 19 JAMES STREET, Arnprior, ON K7S1C9

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

84%

About this property

Bright & Modern 2 Bedroom Rental in Arnprior! This well-appointed 2-bedroom lower-level unit offers comfortable, modern living with a spacious open-concept kitchen, living, and dining area. The kitchen features tons of cabinet space, quartz countertops, and brand-new appliances. Two good-sized bedrooms provide plenty of space, while the convenient in-unit laundry adds to the ease of everyday living. The full bathroom features heated floors for added comfort. Enjoy efficient year-round climate control with a wall-mounted heat pump providing both heating and air conditioning. A great opportunity to rent a beautifully finished unit in the heart of Arnprior, close to shopping, restaurants, parks, and amenities. $2,150/month + Hydro and Internet. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$68K

Annual cash flow

$-15K

Cash-on-cash

-3.26%

DSCR

0.82

Going-in cap

4.56%

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

139,810

Households

66,139

Median income

$99,000

Median age

44

Daytime population

150,942

5-yr growth

9.1%

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

Secure deal room

Confidential diligence documents for UNIT # 3 - 19 JAMES STREET, Arnprior.

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.