1/43636 D'IBERVILLE AVENUE, Iroquois Falls
636 D'IBERVILLE AVENUE, Iroquois Falls, ON P0K1G0
$365,000 total
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Asset Class
Multifamily
Size
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Building class
C
Zoning
RF6 — Medium Density
$ / SF
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Occupancy
96%
About this property
Turnkey Multiplex in the heart of Iroquois Falls. This fully tenanted 5-plex offers a diverse unit mix, purpose-built for stable, long-term occupancy. The building comprises two 1-bedroom units, two 2-bedroom units, and one 3-bedroom unit, providing natural appeal across a broad tenant demographic from singles to families. All units are currently occupied with tenants in place. 3 of the units have laundry hook ups and 2 of the units have window AC units. Utilities are landlord-supplied. Located on a year-round municipal road in the town of Iroquois Falls. Whether you're an experienced investor expanding your portfolio or making your first move into multi-family real estate - this property delivers immediate returns with long-term upside. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$18K
Annual cash flow
$-2K
Cash-on-cash
-1.79%
DSCR
0.90
Going-in cap
5.00%
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
40,512
Households
14,777
Median income
$104,000
Median age
32.3
Daytime population
66,425
5-yr growth
0.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 636 D'IBERVILLE AVENUE, Iroquois Falls.
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.