1/32103 - 370 ADMIRAL DRIVE, London East (East I)
103 - 370 ADMIRAL DRIVE, London East (East I), ON N5V3C2
Price on request
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Asset Class
Multifamily
Size
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Building class
A
Zoning
RA9 — High Rise
$ / SF
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Occupancy
96%
About this property
Welcome to Admiral Gardens! This lovely two-bedroom apartment offers comfortable, affordable living on the main level of a well-maintained, family-friendly building in an established, quiet neighbourhood. Enjoy the added convenience of heat, water and hydro all included in the rent, making monthly budgeting simple and predictable. Please note there is an additional seasonal charge of $225 for all portable A/C units. Need parking? It's available for just $35/month! Have a furry family member? Good news - this is a pet-friendly building, so your four-legged companions are welcome too! Located at 370 Admiral Drive, Admiral Gardens offers a welcoming community and comfortable living for individuals, couples and families alike. If you've been searching for an affordable two-bedroom apartment with utilities included, a pet-friendly environment and a fantastic move-in incentive, this could be just the place you've been looking for! Comfortable living, predictable monthly expenses Don't miss this wonderful opportunity to make Admiral Gardens your next home! Please note: Some photographs have been virtually staged with furniture for illustrative purposes. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$84K
Annual cash flow
$775
Cash-on-cash
0.17%
DSCR
1.01
Going-in cap
5.59%
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
42,021
Households
18,460
Median income
$125,000
Median age
39.1
Daytime population
60,298
5-yr growth
2.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 103 - 370 ADMIRAL DRIVE, London East (East I).
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.