For Lease · Multifamily

349 TUSCARORA Unit# MAIN, Windsor

349 TUSCARORA Unit# MAIN, Windsor, ON N9A3L8

Price on request

—

Asset Class

Multifamily

Size

—

Building class

A

Zoning

RF6 — Medium Density

$ / SF

—

Occupancy

97%

About this property

Main floor unit for lease with full, finished basement! Plenty of space for the family here with 2 bedrooms, 1 bathroom and a living room with cozy gas fireplace on the main floor as well as an additional bathroom and living room in the basement, along with an office for those who work from home or students who want a quiet place to study. Close to the Windsor/Detroit tunnel making it easy for cross border commuters! $2,100/month + utilities. Minimum 1 year lease + utilities, First & Last months rent, Credit check, Proof of Income and References required. (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

137,342

Households

58,234

Median income

$77,000

Median age

39.6

Daytime population

231,227

5-yr growth

8%

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

Secure deal room

Confidential diligence documents for 349 TUSCARORA Unit# MAIN, Windsor.

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.