1/143 VICTOR STREET, Centre Hastings
3 VICTOR STREET, Centre Hastings, ON K0K2K0
$1.7M total
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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
96%
About this property
Attention investors. Here is a great opportunity to own a brand new fully rented 6 plex. All rents are $1,700 plus all utilities for projected gross rental income of $122,400! Landlord responsible for insurance, taxes and exterior maintenance. All units are 834 sq ft and all have private decks. An attached Carport offers covered parking for all units plus visitor parking. Located in an area of newer homes on quiet side street in Madoc village. Projected expenses available (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$8K
Projected NOI
$75K
Annual cash flow
$-19K
Cash-on-cash
-3.77%
DSCR
0.80
Going-in cap
4.41%
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
72,059
Households
28,206
Median income
$118,000
Median age
36.4
Daytime population
96,957
5-yr growth
8.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 3 VICTOR STREET, Centre Hastings.
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.