For Sale · Multifamily

167 MARMORA STREET, Quinte West (Trenton Ward)

167 MARMORA STREET, Quinte West (Trenton Ward), ON K8V2J7

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

98%

About this property

Enjoy comfortable living in this updated 3-bedroom, 1-bathroom main-floor unit overlooking the beautiful Trent River! This bright and inviting unit features the convenience of ensuite laundry and is currently vacant and ready for immediate occupancy. Take in the scenic river views while enjoying a quiet, desirable location just minutes from the waterfront and downtown amenities. Additional features include a durable metal roof and a partially fenced yard. Water and hot water tank rental are included in the rent. Heat and hydro are extra. Don't miss this opportunity to enjoy a convenient lifestyle in a beautiful riverside setting! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$86K

Annual cash flow

$3K

Cash-on-cash

0.74%

DSCR

1.04

Going-in cap

5.76%

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

120,906

Households

44,144

Median income

$79,000

Median age

40.1

Daytime population

103,791

5-yr growth

9.3%

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

Secure deal room

Confidential diligence documents for 167 MARMORA STREET, Quinte West (Trenton 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.