For Lease · Multifamily

B - 110 GREENHILL LANE, Belleville (Belleville Ward)

B - 110 GREENHILL LANE, Belleville (Belleville Ward), ON K8N0C7

Price on request

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Asset Class

Multifamily

Size

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Building class

B

Zoning

RA8 — Medium Rise

$ / SF

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Occupancy

88%

About this property

Lower-level walkout two-bedroom, one-bathroom unit for lease featuring two spacious bedrooms, in-suite laundry and a functional kitchen with a peninsula and eating area. The walkout design provides convenient access to the exterior, and one parking space is included. Tenant is responsible for shared yard maintenance, snow removal, separately metered hydro, water and 30% of gas. Conveniently located close to amenities, schools, parks and Highway 401. Available December 1, 2026. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$74K

Annual cash flow

$-10K

Cash-on-cash

-2.11%

DSCR

0.89

Going-in cap

4.91%

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

104,331

Households

41,752

Median income

$119,500

Median age

35.7

Daytime population

113,466

5-yr growth

0.9%

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

Secure deal room

Confidential diligence documents for B - 110 GREENHILL LANE, Belleville (Belleville Ward).

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.