1/5054 REDWOOD Unit# A,B, Cottam
54 REDWOOD Unit# A,B, Cottam, ON N0R1B0
$825,000 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
86%
Year Built
2023
About this property
2023-Built Legal Duplex | Modern Finishes | Separate Garages & Utilities Beautifully built in 2023, this raised ranch legal duplex offers modern design, quality finishes, and excellent functionality for investors or multi-generational living. Both units feature stylish luxury vinyl flooring, quartz countertops, electric linear fireplaces, separate entrances, separate utilities, and their own garages. Each unit also enjoys a spacious covered patio. The upper unit features 3 beds, 2 baths, and bright, open-concept kitchen/dining, and living area complete with modern electric fireplace. The lower unit offers 2 beds plus an office/den, 1 bath, and comfortable living space with the same modern finishes. A rare opportunity offering flexibility, privacy, and low-maintenance modern living in a newer construction property. Upper unit is vacant, previously rented for $2400/mo Lower unit is rented at $1900/mo. LTA applies (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$4K
Projected NOI
$26K
Annual cash flow
$-19K
Cash-on-cash
-7.84%
DSCR
0.58
Going-in cap
3.19%
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
125,213
Households
55,491
Median income
$117,000
Median age
32.8
Daytime population
188,726
5-yr growth
1.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 54 REDWOOD Unit# A,B, Cottam.
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.