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For Lease · Multifamily

1 - 1372 HAIST STREET, Pelham (Fonthill)

1 - 1372 HAIST STREET, Pelham (Fonthill), ON L0S1M0

Price on request

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Asset Class

Multifamily

Size

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Building class

A

Zoning

RA8 — Medium Rise

$ / SF

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Occupancy

87%

About this property

3 bedroom, 1 bathroom two-storey 1,103sf unit with a partially finished lower level available for lease in the lovely town of Fonthill. Available May, the unit features new basement flooring, appliances included, and 1 parking spot at the rear of the property. Tenant pays all utilities. Located on a great street within walking distance to restaurants, schools, shops, banks, and other amenities. The building has recently undergone exterior and landscaping updates, enhancing the facade and overall streetscape. Virtual staging used in some photos. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$72K

Annual cash flow

$-11K

Cash-on-cash

-2.40%

DSCR

0.87

Going-in cap

4.82%

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

118,750

Households

54,791

Median income

$131,500

Median age

38.6

Daytime population

124,664

5-yr growth

1.4%

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

Secure deal room

Confidential diligence documents for 1 - 1372 HAIST STREET, Pelham (Fonthill).

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.