For Lease · Multifamily

530 ADELAIDE STREET, Woodstock (Woodstock - North)

530 ADELAIDE STREET, Woodstock (Woodstock - North), ON N4S4B4

Price on request

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Asset Class

Multifamily

Size

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Building class

C

Zoning

RA8 — Medium Rise

$ / SF

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Occupancy

98%

About this property

For Lease - A spacious, bright apartment in a central location. This 2 bedroom, 1 bath unit is move-in ready. The modern kitchen with an open concept layout is perfect for entertaining. Off of the open space are two nice size bedrooms, laundry and a bathroom. The master bedroom has a spacious walk in closet. All amenities are in walking distance - groceries, pharmacy, take-out, and more. Near the bus terminal for easy transportation. Second floor unit. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$86K

Annual cash flow

$3K

Cash-on-cash

0.74%

DSCR

1.04

Going-in cap

5.76%

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

82,662

Households

36,757

Median income

$122,000

Median age

38.7

Daytime population

91,409

5-yr growth

3.8%

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

Secure deal room

Confidential diligence documents for 530 ADELAIDE STREET, Woodstock (Woodstock - 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.