1/811 FAIRBANKS STREET, Oshawa (Central)
11 FAIRBANKS STREET, Oshawa (Central), ON L1H2L7
$1.9M total
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Asset Class
Multifamily
Size
—
Building class
C
Zoning
RA9 — High Rise
$ / SF
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Occupancy
94%
About this property
9-unit brick and block apartment building ideally situated in the downtown core of Oshawa. The property features all two-bedroom units, building presents strong rental upside potential, offering investors the opportunity the enhance yields and maximize returns. The property includes ample on-site parking, as well as a shared laundry facility equipped with coin-operation machines, providing an additional income stream. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$9K
Projected NOI
$75K
Annual cash flow
$-30K
Cash-on-cash
-5.32%
DSCR
0.71
Going-in cap
3.95%
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
48,178
Households
20,767
Median income
$125,500
Median age
32.5
Daytime population
59,174
5-yr growth
2.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 11 FAIRBANKS STREET, Oshawa (Central).
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.