LOWER UNIT A - 90 PARK STREET, Welland (Welland Downtown)LOWER UNIT A - 90 PARK STREET, Welland (Welland Downtown) — photo 2LOWER UNIT A - 90 PARK STREET, Welland (Welland Downtown) — photo 3LOWER UNIT A - 90 PARK STREET, Welland (Welland Downtown) — photo 4LOWER UNIT A - 90 PARK STREET, Welland (Welland Downtown) — photo 5LOWER UNIT A - 90 PARK STREET, Welland (Welland Downtown) — photo 6LOWER UNIT A - 90 PARK STREET, Welland (Welland Downtown) — photo 7LOWER UNIT A - 90 PARK STREET, Welland (Welland Downtown) — photo 8LOWER UNIT A - 90 PARK STREET, Welland (Welland Downtown) — photo 9LOWER UNIT A - 90 PARK STREET, Welland (Welland Downtown) — photo 10LOWER UNIT A - 90 PARK STREET, Welland (Welland Downtown) — photo 11LOWER UNIT A - 90 PARK STREET, Welland (Welland Downtown) — photo 12LOWER UNIT A - 90 PARK STREET, Welland (Welland Downtown) — photo 13LOWER UNIT A - 90 PARK STREET, Welland (Welland Downtown) — photo 14LOWER UNIT A - 90 PARK STREET, Welland (Welland Downtown) — photo 15
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For Lease · Multifamily

LOWER UNIT A - 90 PARK STREET, Welland (Welland Downtown)

LOWER UNIT A - 90 PARK STREET, Welland (Welland Downtown), ON L3B4M5

Price on request

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Asset Class

Multifamily

Size

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Building class

B

Zoning

RF6 — Medium Density

$ / SF

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Occupancy

99%

About this property

Welcome to 90 Park Street, Unit A in Welland! This bright and spacious lower-level unit is located in a well-maintained duplex and offers two bedrooms, a den, and one bathroom. Featuring a generous and functional layout, this unit provides plenty of room for comfortable everyday living. The additional den offers a versatile space that can be used as a home office, hobby room, or extra living area. With its spacious interior and convenient location, this unit is a great option for those looking for a comfortable place to call home. Plenty of free street parking is available. Please note that the basement is not included in the rental and tenants will not have access to this space. The tenant is responsible for utilities and must maintain tenant insurance throughout the lease term. 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
Occupancy99%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$88K

Annual cash flow

$5K

Cash-on-cash

1.03%

DSCR

1.06

Going-in cap

5.85%

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

87,830

Households

31,815

Median income

$87,000

Median age

44.9

Daytime population

76,704

5-yr growth

3%

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

Secure deal room

Confidential diligence documents for LOWER UNIT A - 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.