For Sale · Multifamily

2 - 30 SKYRIDGE DRIVE, Brampton (Bram East)

2 - 30 SKYRIDGE DRIVE, Brampton (Bram East), ON L6P4P3

Price on request

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Asset Class

Multifamily

Size

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Building class

B

Zoning

RA8 — Medium Rise

$ / SF

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Occupancy

95%

About this property

Stunning Legal Two-Storey Apartment in One of Brampton's Most Desirable Neighbourhoods!Welcome to this beautifully finished 1-bedroom + den legal apartment, completed in late 2024 and thoughtfully designed for modern living. Spread across two levels, this bright and spacious home offers a unique layout with 2 beautifully appointed 3-piece bathrooms, a comfortable living area, contemporary kitchen, and the convenience of private in-unit laundry.Enjoy the added privacy of your own separate entrance, along with one dedicated parking space. The two-storey design provides excellent separation between living spaces, making this home feel more like a private residence than a traditional basement apartment. Utilities are shared at 70%/30% between the main and basement unit.Located in a highly sought-after Brampton neighbourhood, you'll be minutes from beautiful parks, schools, major highways, shopping centres, restaurants, temples, and everyday amenities.Modern. Private. Spacious. Convenient. A fantastic opportunity for a tenant looking for a high-quality home in an established and desirable community. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$83K

Annual cash flow

$-511

Cash-on-cash

-0.11%

DSCR

0.99

Going-in cap

5.51%

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

66,660

Households

26,491

Median income

$98,000

Median age

31.1

Daytime population

104,782

5-yr growth

3.4%

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

Secure deal room

Confidential diligence documents for 2 - 30 SKYRIDGE DRIVE, Brampton (Bram East).

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.