For Lease · Multifamily

2 - 6745 MAIN STREET, Whitchurch-Stouffville (Stouffville)

2 - 6745 MAIN STREET, Whitchurch-Stouffville (Stouffville), ON L4A6B5

Price on request

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Asset Class

Multifamily

Size

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Building class

B

Zoning

RA8 — Medium Rise

$ / SF

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Occupancy

97%

About this property

Prime Main Street Location! 1-Bedroom Apartment with Parking & GO Transit at Your Doorstep! Fantastic opportunity to lease a 1-bedroom, 1-washroom apartment on the 2nd floor in the heart of Stouffville! Enjoy the convenience of having a GO bus stop right at your doorstep, connecting you to the GO Station for an easy commute to Union Station and downtown Toronto. This apartment offers comfortable living in a convenient location, ideal for singles or couples. One driveway parking space is included. Enjoy being steps from local shops, restaurants, cafés, and everyday amenities along Main Street. Tenant pays utilities. **Commuter-friendly location and small-town charm with access to downtown Toronto!**Don't miss this opportunity! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$85K

Annual cash flow

$2K

Cash-on-cash

0.46%

DSCR

1.02

Going-in cap

5.68%

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

143,992

Households

61,462

Median income

$136,500

Median age

34.7

Daytime population

194,718

5-yr growth

4.4%

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

Secure deal room

Confidential diligence documents for 2 - 6745 MAIN STREET, Whitchurch-Stouffville (Stouffville).

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.