For Lease · Multifamily

3RD FLOOR ( UPPER UNIT ) - 515 STONE STREET, Oshawa (Lakeview)

3RD FLOOR ( UPPER UNIT ) - 515 STONE STREET, Oshawa (Lakeview), ON L1J1A4

Price on request

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Asset Class

Multifamily

Size

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Building class

B

Zoning

RF6 — Medium Density

$ / SF

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Occupancy

98%

About this property

Lake front and Offered for lease . This Triplex 3 Bedrooms with Living Room and Dining Rooms@ 2nd floor and at 3rd floor the Same Layout , Each Floor ( unit ) is for lease, Each unit has his Own water tank ,Separate utilities and Separate Entrances and Fire exits .Walk to schools, Rec Centre and Lake Ontario's Walking Trail, Tenant to pay utilities; credit bureau, application and proof of income required (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$86K

Annual cash flow

$3K

Cash-on-cash

0.74%

DSCR

1.04

Going-in cap

5.76%

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

45,008

Households

19,645

Median income

$121,500

Median age

38.7

Daytime population

49,418

5-yr growth

1.1%

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

Secure deal room

Confidential diligence documents for 3RD FLOOR ( UPPER UNIT ) - 515 STONE STREET, Oshawa (Lakeview).

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.