1/47500 VALLEY VIEW DRIVE W, Powassan
500 VALLEY VIEW DRIVE W, Powassan, ON P0H1Z0
$499,900 total
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Asset Class
Multifamily
Size
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Building class
A
Zoning
RA9 — High Rise
$ / SF
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Occupancy
89%
Lot Size
0.174 ac
About this property
Exceptional investment opportunity or ideal owner-occupied two-unit with income potential. This solid brick property offers two self-contained units, each with private entrances, separate driveways, and individual yard space. The upper unit is vacant and features a spacious 3-bedroom layout, while the lower unit is set to be vacant by August and offers 2 bedrooms plus a den that can easily be converted back into a third bedroom. Both units have had upgrades to the bathrooms, and each includes in-suite laundry and a gas fireplace, adding comfort and convenience. Separately metered hydro and gas enhance efficiency and tenant appeal. Prime location within walking distance to downtown, the recreation center, playground, public pool, and baseball diamond. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$16K
Annual cash flow
$-11K
Cash-on-cash
-7.59%
DSCR
0.59
Going-in cap
3.26%
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
126,172
Households
47,973
Median income
$101,000
Median age
31.5
Daytime population
133,560
5-yr growth
5.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 500 VALLEY VIEW DRIVE W, Powassan.
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.