For Sale · Multifamily

6 - 16 BRANT AVENUE, Guelph (Victoria North)

6 - 16 BRANT AVENUE, Guelph (Victoria North), ON N1E1E7

Price on request

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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

87%

About this property

Well maintained and clean, 1st floor two-bedroom apartment in the north end of Guelph. This front facing, bight and spacious apartment has lots of storage space, balcony and is carpet free. Shared coin operated laundry. It includes fridge, stove, water, one assigned parking spot and an extra storage space/locker in the laundry room. Tenants to pay for hydro, cable , internet and telphone. Landlord provides heat and water. Located just a step away from city bus route , close to schools, parks, grocery stores and other amenities. Pets restricted. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$72K

Annual cash flow

$-11K

Cash-on-cash

-2.40%

DSCR

0.87

Going-in cap

4.82%

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

98,237

Households

35,312

Median income

$112,500

Median age

35

Daytime population

124,805

5-yr growth

8.1%

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

Secure deal room

Confidential diligence documents for 6 - 16 BRANT AVENUE, Guelph (Victoria North).

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.