1/3511464 PLANK ROAD, Bayham (Eden)
11464 PLANK ROAD, Bayham (Eden), ON N0J1H0
$464,900 total
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Asset Class
Multifamily
Size
—
Building class
B
Zoning
RA9 — High Rise
$ / SF
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Occupancy
88%
About this property
Great investment opportunity in this duplex just south of Tillsonburg. Separate entrances, separate driveways, separate yards, separate hydro & gas meters, separate furnaces & hot water heaters. This one is ready for your investment portfolio. Upper unit is vacant, lower unit is tenanted. The main floor unit features a 3 bedrooms and a full bathroom, as well as a spacious living room, kitchen, and dining area! The second floor unit features 2 bedrooms and a full bathroom, and a kitchen, dining and living area! With ample parking and ample space in both units. This one is sure to impress! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$15K
Annual cash flow
$-10K
Cash-on-cash
-7.41%
DSCR
0.60
Going-in cap
3.32%
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
120,938
Households
56,812
Median income
$106,000
Median age
34
Daytime population
133,638
5-yr growth
9.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 11464 PLANK ROAD, Bayham (Eden).
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.