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For Lease · Multifamily

83 EMERY STREET W, London South (South E)

83 EMERY STREET W, London South (South E), ON N6J1R9

Price on request

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Asset Class

Multifamily

Size

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Building class

A

Zoning

RF6 — Medium Density

$ / SF

—

Occupancy

91%

About this property

Charming Bungalow for Lease in Manor Park! This beautifully updated home features a modern kitchen and renovated bathrooms, offering a fresh and stylish feel. The fully finished basement includes an additional kitchen, living room and bedroom, making it ideal for multigenerational living. Step outside to a stunning backyard backing onto serene green space, perfect for relaxation. Plus, the converted shed is a fantastic bonus-perfect for a man cave or workshop! Don't miss out on this incredible rental opportunity in a sought-after neighborhood (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$77K

Annual cash flow

$-6K

Cash-on-cash

-1.26%

DSCR

0.93

Going-in cap

5.16%

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

111,288

Households

52,840

Median income

$64,500

Median age

40.6

Daytime population

134,164

5-yr growth

6.1%

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

Secure deal room

Confidential diligence documents for 83 EMERY STREET W, London South (South E).

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.