1/22114 ORVIS STREET, Dryden (Milestone)
114 ORVIS STREET, Dryden (Milestone), ON P8N1P7
$395,000 total
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Asset Class
Multifamily
Size
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Building class
C
Zoning
RA8 — Medium Rise
$ / SF
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Occupancy
100%
About this property
Here is your opportunity to own a solid investment property. This fourplex has 4-two bedroom apartments. Fridges & stoves included in each unit, coin operated laundry for tenants to share. Lots of parking for tenants and some recent updates to the lower level units that include flooring, bathrooms and some of the kitchen cabinets. Currently both upper floor units are occupied and both lower level units are vacant. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$17K
Annual cash flow
$-5K
Cash-on-cash
-4.19%
DSCR
0.77
Going-in cap
4.28%
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
57,779
Households
23,128
Median income
$111,000
Median age
34.1
Daytime population
51,455
5-yr growth
6.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 114 ORVIS STREET, Dryden (Milestone).
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.