1/8LOWER - 224 PORTSMOUTH GATE, Waterloo
LOWER - 224 PORTSMOUTH GATE, Waterloo, ON N2T2H9
Price on request
—
Asset Class
Multifamily
Size
—
Building class
A
Zoning
RA8 — Medium Rise
$ / SF
—
Occupancy
87%
About this property
Brand-new studio Legal and Separate entry basement apartment directly across from The Boardwalk in Waterloo. Features a private separate entrance, private 3-piece bathroom(with tub and shower) and in-unit laundry, Kitchen with (Refrigerator, stove and microwave) Open-concept studio layout (no separate bedroom). Walking distance to shopping, restaurants, grocery stores, pharmacies and public transit. $1,000/month plus 20% of utilities, or $1,150/month all-inclusive. No driveway parking; street parking only. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$72K
Annual cash flow
$-11K
Cash-on-cash
-2.40%
DSCR
0.87
Going-in cap
4.82%
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
53,533
Households
25,086
Median income
$133,500
Median age
38.9
Daytime population
51,484
5-yr growth
8.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for LOWER - 224 PORTSMOUTH GATE, Waterloo.
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.