For Lease · Multifamily

MAIN - 747 GLENFOREST STREET W, Oshawa (Northglen)

MAIN - 747 GLENFOREST STREET W, Oshawa (Northglen), ON L1J5E9

Price on request

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Asset Class

Multifamily

Size

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Building class

C

Zoning

RA9 — High Rise

$ / SF

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Occupancy

92%

About this property

Location! Location! Location! Available for Lease Immediate - Discover character and charm in this beautifully renovated detached all-brick bungalow located in the highly sought-after Glens neighbourhood. Updated top to bottom, this stunning home features brand new kitchens, two modern washrooms including a stylish 3-piece ensuite, and convenient separate laundry.The completely redesigned kitchen showcases quartz countertops, a large centre island, stainless steel appliances, and a dishwasher - perfect for everyday living and entertaining. Situated on a premium 60-foot-wide lot with a spacious 5-car driveway, this home offers both comfort and convenience.Enjoy a welcoming community atmosphere with easy access to commuter routes, schools, shopping, everyday amenities, and Oshawa Centre. Plus $275/month for all utilities. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$79K

Annual cash flow

$-4K

Cash-on-cash

-0.97%

DSCR

0.95

Going-in cap

5.25%

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

117,858

Households

41,393

Median income

$78,000

Median age

43.1

Daytime population

152,513

5-yr growth

4%

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

Secure deal room

Confidential diligence documents for MAIN - 747 GLENFOREST STREET W, Oshawa (Northglen).

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.