1/28181 MURPHY ROAD, Essa (Baxter)
181 MURPHY ROAD, Essa (Baxter), ON L0M1B1
$695,000 total
2,871 SF
Asset Class
Multifamily
Size
2,871 SF
Building class
A
Zoning
RA9 — High Rise
$ / SF
$242
Occupancy
96%
About this property
Investment Opportunity in Baxter! Welcome to this well-maintained legal triplex situated on a generous lot in the growing community of Baxter. An excellent addition to any investment portfolio, this income-producing property features three self-contained 2-bedroom units, each offering a functional layout with a spacious living room, full kitchen, and comfortable living space for tenants.The property offers ample on-site parking, which is convenient for residents and guests alike, as well as a shared coin-operated laundry facility that provides additional income potential. Set on a large lot with mature surroundings, this property offers strong rental appeal in a desirable location with easy access to Alliston, Angus, Base Borden, and major commuter routes.Whether you're a seasoned investor looking to expand your portfolio or an owner-occupier seeking the benefits of rental income, this versatile multi-residential property presents a fantastic opportunity. Strong tenant demand, generous parking, and a convenient location make this a smart addition to your real estate holdings. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$32K
Annual cash flow
$-7K
Cash-on-cash
-3.35%
DSCR
0.82
Going-in cap
4.54%
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.
Rent roll (estimated)
| Tenant | Area | Expiry |
|---|---|---|
| Prairie Coffee Roasters | 1,315 SF | 2030-02 |
| Prairie Coffee Roasters | 688 SF | 2030-02 |
| Prairie Coffee Roasters | 400 SF | 2030-02 |
| Summit Trades Supply | 404 SF | 2030-02 |
Area demographics
Trade area within 3 miles of the property.
Population
91,161
Households
42,099
Median income
$84,000
Median age
43.8
Daytime population
83,038
5-yr growth
2.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 181 MURPHY ROAD, Essa (Baxter).
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.