1/191104 4TH AVENUE E, Owen Sound
1104 4TH AVENUE E, Owen Sound, ON N4K2P4
$459,000 total
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Asset Class
Multifamily
Size
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Building class
A
Zoning
RA9 — High Rise
$ / SF
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Occupancy
89%
About this property
EXCELLENT INVESTMENT OPPORTUNITY with Option for Owner Occupancy. Three TWO Bedroom Units with Main Floor Unit currently vacant perfect for owner occupancy. Main Floor Unit has updated kitchen as well new In Suite Laundry with obtainable interior access to a usable basement. Old world Victorian Charm with bay windows, stain glass features and classy Torret unique to it's era. Corner Lot offering Ample Parking with Double Driveways off of both Street and Avenue. Enclosed separate access to both Units 2 and 3. Separate Hydro Metres. Walking distance to ALL amenities. Main Roof Shingles redone within past 4 years. Ask your Realtor for full list of Income and Expenses. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$18K
Annual cash flow
$-7K
Cash-on-cash
-5.23%
DSCR
0.72
Going-in cap
3.97%
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
131,843
Households
59,874
Median income
$80,500
Median age
41.9
Daytime population
182,057
5-yr growth
1.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 1104 4TH AVENUE E, Owen Sound.
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.