For Sale · Multifamily

394-406 REGENT STREET, Hawkesbury

394-406 REGENT STREET, Hawkesbury, ON K6A1E9

$425,000 total

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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

98%

About this property

394 406 Regent Street offers an outstanding investment and development opportunity in the rapidly growing community of Hawkesbury. Ideally positioned in a prime location close to numerous high-traffic shops, restaurants, services, and everyday amenities, this property is perfectly suited for developers looking to capitalize on strong rental demand and future growth potential.With current zoning already permitting a 12-unit residential building, the site presents an excellent opportunity for immediate development. In addition, pending provincial legislation focused on increasing housing density may allow for even greater development potential in the future, making this an attractive long-term hold or build opportunity.Located in a highly accessible area with strong surrounding commercial activity, this property offers convenience, visibility, and proximity to everything tenants desire. Whether you are an experienced developer, investor, or builder looking to expand your portfolio, this is a rare chance to secure a strategically located multi-residential development site in one of Eastern Ontario's growing markets.Don't miss this exceptional opportunity to invest in the future of Hawkesbury with strong upside potential and prime positioning. (id:66811)

Financial sandbox

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Estimate
Purchase price$425K
Down payment30% · $128K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$19K

Annual cash flow

$-5K

Cash-on-cash

-3.67%

DSCR

0.80

Going-in cap

4.44%

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

42,799

Households

15,324

Median income

$79,000

Median age

40

Daytime population

72,617

5-yr growth

8.6%

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

Secure deal room

Confidential diligence documents for 394-406 REGENT STREET, Hawkesbury.

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.