2 - 31 ORCHARD STREET, London South (South E)2 - 31 ORCHARD STREET, London South (South E) — photo 22 - 31 ORCHARD STREET, London South (South E) — photo 32 - 31 ORCHARD STREET, London South (South E) — photo 42 - 31 ORCHARD STREET, London South (South E) — photo 52 - 31 ORCHARD STREET, London South (South E) — photo 62 - 31 ORCHARD STREET, London South (South E) — photo 72 - 31 ORCHARD STREET, London South (South E) — photo 8
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For Lease · Multifamily

2 - 31 ORCHARD STREET, London South (South E)

2 - 31 ORCHARD STREET, London South (South E), ON N6J2R4

Price on request

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Asset Class

Multifamily

Size

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Building class

A

Zoning

RA8 — Medium Rise

$ / SF

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Occupancy

95%

About this property

Welcome to this beautifully renovated 1-bedroom unit in a convenient central London location! Featuring a separate entrance, onsite laundry, parking, and a bright, functional layout, this unit offers comfortable and convenient living. Enjoy easy access to public transit with a direct bus route to Western University, while being just minutes from the shops, restaurants, and amenities of Wortley Village. A great opportunity to lease a renovated unit in a desirable central location! *Utilities not included* (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

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

46,535

Households

21,777

Median income

$117,000

Median age

37.6

Daytime population

62,684

5-yr growth

9.2%

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

Secure deal room

Confidential diligence documents for 2 - 31 ORCHARD STREET, London South (South E).

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.