1/29307 - 370 ADMIRAL DRIVE, London East (East I)
307 - 370 ADMIRAL DRIVE, London East (East I), ON N5V3C2
Price on request
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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
89%
About this property
Welcome to Admiral Gardens! This bright and inviting one-bedroom apartment is located on the third floor of a well-maintained, family-friendly building in an established, quiet neighbourhood. Enjoy your own private balcony, perfect for relaxing and enjoying some fresh air. Heat, water and hydro are included in the rent, making monthly budgeting simple and predictable. An additional seasonal charge of $225 applies to all portable A/C units. Parking is available for just $35/month, and the building is pet-friendly, so your four-legged family members are welcome too! Conveniently located at 370 Admiral Drive, Admiral Gardens offers comfortable, affordable living in a welcoming residential community. If you're looking for an affordable one-bedroom apartment with utilities included, a private balcony and pet-friendly accommodations, this is a great opportunity! Make yourself at home at Admiral Gardens! Please note: Some photographs have been virtually staged with furniture for illustrative purposes. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$75K
Annual cash flow
$-8K
Cash-on-cash
-1.83%
DSCR
0.90
Going-in cap
4.99%
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
122,361
Households
57,052
Median income
$67,000
Median age
40.4
Daytime population
134,588
5-yr growth
7.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 307 - 370 ADMIRAL DRIVE, London East (East I).
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.