For Lease · Multifamily

2 - 102 PARK AVENUE, Brantford

2 - 102 PARK AVENUE, Brantford, ON N3S5H8

Price on request

—

Asset Class

Multifamily

Size

—

Building class

C

Zoning

RF6 — Medium Density

$ / SF

—

Occupancy

96%

About this property

Welcome to 102 Park Avenue, Unit 2! This beautifully renovated 3-bedroom apartment offers an exceptional combination of modern finishes, spacious living, and everyday convenience. Extensively updated in 2023, this impressive unit features soaring 9-foot ceilings throughout, three generously sized bedrooms, and a spacious eat-in kitchen complete with stainless steel appliances and ample room for dining and entertaining. Numerous newly installed, oversized energy-efficient windows fill the home with an abundance of natural light, creating a bright, warm, and inviting atmosphere while enhancing year-round comfort and energy efficiency. The beautifully updated 3-piece bathroom features stylish, contemporary finishes, while two separate entrances provide added convenience and flexibility. Step outside to enjoy the expansive yard, perfect for summer barbecues, outdoor entertaining, or simply relaxing in your own outdoor space. Two dedicated parking spaces in a private driveway offer additional convenience. Ideally located in Brantford, this property is just minutes from shopping, restaurants, parks, scenic walking trails, schools, public transit, and everyday amenities, with the added benefit of being situated along a school bus route. Combining modern upgrades, generous living spaces, abundant natural light, and an excellent location, this move-in-ready apartment offers a wonderful place to call home. An exceptional leasing opportunity you won't want to miss! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$84K

Annual cash flow

$775

Cash-on-cash

0.17%

DSCR

1.01

Going-in cap

5.59%

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

76,256

Households

34,974

Median income

$83,000

Median age

43.7

Daytime population

76,679

5-yr growth

1.8%

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

Secure deal room

Confidential diligence documents for 2 - 102 PARK AVENUE, Brantford.

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.