12 CLINTON STREET S, South Bruce
12 CLINTON STREET S, South Bruce, ON N0G2S0
$850,000 total
3,740 SF
Asset Class
Multifamily
Size
3,740 SF
Building class
B
Zoning
RF6 — Medium Density
$ / SF
$227
Occupancy
88%
Lot Size
3740 ac
About this property
Turn key investment property with large office and 2 big apts above. One with 5 bedrooms, 2 bathrooms (could be a rooming house) and 1 huge 2 bedroom. All updated in past 3 years, new electrical, plumbing, floors, kitchens, bathrooms. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$4K
Projected NOI
$32K
Annual cash flow
$-15K
Cash-on-cash
-6.05%
DSCR
0.67
Going-in cap
3.72%
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.
Rent roll (estimated)
| Tenant | Area | Expiry |
|---|---|---|
| Meridian Health Group | 1,396 SF | 2029-09 |
| Meridian Health Group | 797 SF | 2029-09 |
| Meridian Health Group | 1,079 SF | 2029-09 |
Area demographics
Trade area within 3 miles of the property.
Population
52,913
Households
21,369
Median income
$117,000
Median age
35.2
Daytime population
56,508
5-yr growth
7.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 12 CLINTON STREET S, South Bruce.
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.