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Price on request
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Asset Class
Multifamily
Size
—
Building class
B
Zoning
RA8 — Medium Rise
$ / SF
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Occupancy
89%
Welcome to 11 Charles Street, a charming one-bedroom main-floor apartment in a legal duplex, set on a beautiful tree-lined street in a well-established West Brant neighbourhood.This inviting main-floor residence offers a comfortable and functional layout with a spacious separate living room, generous eat-in kitchen, one bedroom and a four-piece bathroom. The kitchen is equipped with a fridge and stove, and the unit includes its own washer and dryer for added everyday convenience.As part of a legal duplex, the unit also benefits from separate utilities, giving the tenant greater independence and control over household usage. The tenant will also have access to basement space for additional storage, a valuable bonus in a one-bedroom rental.The location is a standout. Just a stone's throw from Lions Park, the property is also close to walking and cycling trails, greenspace and the Grand River at the end of the street. It's a great setting for anyone who enjoys being close to outdoor recreation while still living in a mature, established neighbourhood with everyday amenities nearby.With generous principal rooms, main-floor living, private laundry, separate utilities and additional storage, this is a welcoming and practical place to call home.Street parking only. (id:66811)
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Monthly debt service
$7K
Projected NOI
$75K
Annual cash flow
$-8K
Cash-on-cash
-1.83%
DSCR
0.90
Going-in cap
4.99%
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.
Trade area within 3 miles of the property.
Population
118,609
Households
48,442
Median income
$65,000
Median age
40.5
Daytime population
137,363
5-yr growth
1.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for #1 - 11 CHARLES STREET, Brantford.
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.