For Lease · Multifamily

4 - 81 CURTIS STREET, St. Thomas

4 - 81 CURTIS STREET, St. Thomas, ON N5P1H9

Price on request

—

Asset Class

Multifamily

Size

—

Building class

C

Zoning

RF6 — Medium Density

$ / SF

—

Occupancy

90%

About this property

Bright and newly renovated 1 bedroom, 1 bath unit available for lease in the heart of St.Thomas. This well-maintained downstairs unit 4 at 81 Curtis St features a modern interior, spacious living areas, and 1 included parking spot for added convenience.Located in a quiet residential neighbourhood just minutes from downtown St. Thomas, this homeis close to grocery stores, restaurants, schools, parks, and everyday amenities. Convenientaccess to Talbot Street, Walmart, Elgin Centre, Pinafore Park, and local transit. Approx. 15-20minutes to London, making it a great option for commuters.Perfect for professionals, couples, or small families looking for a clean, updated space in a convenient location. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$76K

Annual cash flow

$-7K

Cash-on-cash

-1.54%

DSCR

0.92

Going-in cap

5.08%

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

58,095

Households

23,625

Median income

$136,500

Median age

36.6

Daytime population

57,401

5-yr growth

9%

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

Secure deal room

Confidential diligence documents for 4 - 81 CURTIS STREET, St. Thomas.

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.