For Lease · Multifamily

BSMT - 154 FANSHAWE DRIVE, Brampton (Heart Lake West)

BSMT - 154 FANSHAWE DRIVE, Brampton (Heart Lake West), ON L6Z1B1

Price on request

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Asset Class

Multifamily

Size

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Building class

A

Zoning

RA9 — High Rise

$ / SF

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Occupancy

95%

About this property

Welcome to this brand-new, professionally built legal basement apartment in the highly desirable Heart Lake community. Thoughtfully designed 1 + 1 Bedroom with modern finishes and a bright, open-concept layout, this never-before-lived-in suite offers generous living space, a spacious bedroom, a large den that's perfect for a home office, guest room, or additional living space, and a stylish 4-piece bathroom. Enjoy the privacy and convenience of your own separate entrance, along with one dedicated parking space. Situated in a quiet, family-friendly neighbourhood, you'll be just minutes from parks, schools, shopping, public transit, and major highways, providing exceptional comfort and convenience. All utilities are included in the rent-heat, hydro, and water-making budgeting simple and hassle-free. This is an outstanding opportunity to lease a brand-new, move-in-ready home in one of Brampton's most sought-after communities. (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

93,759

Households

40,362

Median income

$82,000

Median age

40.9

Daytime population

115,505

5-yr growth

6.4%

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

Secure deal room

Confidential diligence documents for BSMT - 154 FANSHAWE DRIVE, Brampton (Heart Lake West).

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.