For Sale · Multifamily

A - 5 SIENNA AVENUE, Belleville (Belleville Ward)

A - 5 SIENNA AVENUE, Belleville (Belleville Ward), ON K8P4G5

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

90%

About this property

Be the first to call this brand-new home yours! Located in Belleville's sought-after Potter's Creek neighbourhood, this bright 2-bedroom, 1-bathroom upper-level unit offers over 1,100 sq. ft. of stylish, single-level living with a private entrance. Enjoy a custom kitchen with quartz counters, stainless steel appliances and walk-in pantry, open-concept living and dining, in-suite laundry, two paved parking spaces, and efficient heating and cooling. Water and sewer, snow removal, and lawn care included. Conveniently located near CFB Trenton, Belleville General Hospital, and all of Quinte's amenities. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$76K

Annual cash flow

$-7K

Cash-on-cash

-1.54%

DSCR

0.92

Going-in cap

5.08%

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

126,712

Households

53,492

Median income

$104,500

Median age

45.7

Daytime population

109,660

5-yr growth

1.7%

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

Secure deal room

Confidential diligence documents for A - 5 SIENNA AVENUE, 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.