For Sale · Multifamily

1 - 128 NINTH AVENUE, Brantford

1 - 128 NINTH AVENUE, Brantford, ON N3S1E7

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

82%

About this property

Looking for space, comfort, and great value? This bright and generously sized 2-bedroom, 1-bathroom apartment offers plenty of room to make yourself at home! Featuring a spacious living room, a separate dining area, and two well-sized bedrooms, this unit provides a comfortable and functional layout with room to relax, entertain, and enjoy everyday living.Located in a quiet, established residential neighbourhood, the apartment is part of a clean, well-maintained fourplex with friendly neighbours, offering a welcoming place to call home. Enjoy the convenience of one included parking space, on-site coin-operated laundry, and easy access to shopping, parks, schools, public transit, and everyday essentials.With approximately 727 sq. ft. of living space, this apartment offers an excellent combination of generous room sizes and convenience.More space, great value, and a wonderful place to call home! Book your private showing today! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$66K

Annual cash flow

$-17K

Cash-on-cash

-3.83%

DSCR

0.79

Going-in cap

4.39%

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

138,527

Households

57,130

Median income

$100,000

Median age

32.1

Daytime population

166,992

5-yr growth

4.7%

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

Secure deal room

Confidential diligence documents for 1 - 128 NINTH AVENUE, Brantford.

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.