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For Lease · Multifamily

1 - 37 EDWIN STREET, Brantford

1 - 37 EDWIN STREET, Brantford, ON N3T4X7

Price on request

—

Asset Class

Multifamily

Size

—

Building class

A

Zoning

RA9 — High Rise

$ / SF

—

Occupancy

86%

About this property

Welcome to 37 Edwin Street, a brand new, never occupied 3-bedroom, 2.5-bathroom home available for lease at $2,750/month plus utilities. This bright and spacious home offers a functional open-concept layout that's perfect for families and professionals alike. The open main floor features a welcoming living area, a modern kitchen with ample cabinetry and workspace, and a dining area ideal for everyday living and entertaining. Upstairs, you'll find three generously sized bedrooms, including a comfortable primary suite complete with its own ensuite bathroom, along with the convenience of a second full bathroom. Beautifully finished throughout and all appliances included. Located in a desirable neighbourhood close to schools, parks, shopping, the rail trail and Grand River, as well as your everyday amenities. This home offers the perfect balance of comfort and convenience. Don't miss the opportunity to make 37 Edwin Street your next home! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$71K

Annual cash flow

$-12K

Cash-on-cash

-2.69%

DSCR

0.85

Going-in cap

4.74%

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

110,452

Households

40,154

Median income

$136,500

Median age

35

Daytime population

116,505

5-yr growth

8.9%

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

Secure deal room

Confidential diligence documents for 1 - 37 EDWIN STREET, Brantford.

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.