Business For Sale · Multifamily

1767-1769 ALDERSBROOK ROAD, London North (North F)

1767-1769 ALDERSBROOK ROAD, London North (North F), ON N6G3E2

$862,800 total

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Asset Class

Multifamily

Size

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Building class

B

Zoning

RA9 — High Rise

$ / SF

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Occupancy

92%

About this property

Own one- or Double your opportunity. These two freshly painted semi-detached homes are available ! Add both properties to your portfolio and generate rental income , live in one while renting outright the other or purchase both for extended family or future growth. Move in ready! A turnkey opportunity in a desirable neighbourhood. Close to schools, shopping, public transit and more! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$863K
Down payment30% · $259K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$32K

Annual cash flow

$-16K

Cash-on-cash

-6.19%

DSCR

0.66

Going-in cap

3.68%

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

136,276

Households

47,077

Median income

$75,000

Median age

39.2

Daytime population

212,016

5-yr growth

4.6%

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

Secure deal room

Confidential diligence documents for 1767-1769 ALDERSBROOK ROAD, London North (North F).

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.