For Sale · Specialty

PARKING SPOT 225 - P1 BROWARD WAY, Innisfil

PARKING SPOT 225 - P1 BROWARD WAY, Innisfil, ON L9S0M6

$34,900 total

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Asset Class

Specialty

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

88%

About this property

Take advantage of this rare opportunity to purchase a second parking spot for those living in either the Harbour flats or Boardwalk condos - great location. Parking Spot Only. Parking Spot #225. Must be an existing condo owner of Condo Corp 434 or 431 in order to purchase. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$35K
Down payment30% · $10K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$161

Projected NOI

$2K

Annual cash flow

$309

Cash-on-cash

2.96%

DSCR

1.16

Going-in cap

6.43%

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

68,509

Households

27,727

Median income

$138,000

Median age

39.2

Daytime population

81,473

5-yr growth

9.2%

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

Secure deal room

Confidential diligence documents for PARKING SPOT 225 - P1 BROWARD WAY, Innisfil.

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.