UPPER UNIT B - 90 PARK STREET, Welland (Welland Downtown)UPPER UNIT B - 90 PARK STREET, Welland (Welland Downtown) — photo 2UPPER UNIT B - 90 PARK STREET, Welland (Welland Downtown) — photo 3UPPER UNIT B - 90 PARK STREET, Welland (Welland Downtown) — photo 4UPPER UNIT B - 90 PARK STREET, Welland (Welland Downtown) — photo 5UPPER UNIT B - 90 PARK STREET, Welland (Welland Downtown) — photo 6UPPER UNIT B - 90 PARK STREET, Welland (Welland Downtown) — photo 7UPPER UNIT B - 90 PARK STREET, Welland (Welland Downtown) — photo 8UPPER UNIT B - 90 PARK STREET, Welland (Welland Downtown) — photo 9UPPER UNIT B - 90 PARK STREET, Welland (Welland Downtown) — photo 10UPPER UNIT B - 90 PARK STREET, Welland (Welland Downtown) — photo 11
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For Lease · Multifamily

UPPER UNIT B - 90 PARK STREET, Welland (Welland Downtown)

UPPER UNIT B - 90 PARK STREET, Welland (Welland Downtown), ON L3B4M5

Price on request

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Asset Class

Multifamily

Size

—

Building class

B

Zoning

RA9 — High Rise

$ / SF

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Occupancy

93%

About this property

Welcome to 90 Park Street, Unit B in Welland! This bright and completely self-contained upper unit is located in a well-maintained duplex and offers two bedrooms and one bathroom.The unit features a comfortable and functional layout with a private entrance, giving tenants their own separate living space and plenty of privacy. With a practical setup and convenient location, this home is a great option for those looking for a clean and comfortable place to call home. There is plenty of free street parking available. Tenant is responsible for utilities and must maintain tenant insurance throughout the lease term. Available for immediate occupancy.Don't miss this great leasing 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
Occupancy93%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$80K

Annual cash flow

$-3K

Cash-on-cash

-0.69%

DSCR

0.96

Going-in cap

5.34%

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

103,096

Households

41,168

Median income

$69,500

Median age

38.7

Daytime population

135,438

5-yr growth

2.5%

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

Secure deal room

Confidential diligence documents for UPPER UNIT B - 90 PARK STREET, Welland (Welland Downtown).

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.