For Sale · Multifamily

2 - 134 DESCHESNE AVENUE, Hamilton (Greeningdon)

2 - 134 DESCHESNE AVENUE, Hamilton (Greeningdon), ON L9A3K1

Price on request

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Asset Class

Multifamily

Size

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Building class

A

Zoning

RF6 — Medium Density

$ / SF

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Occupancy

95%

About this property

Bright and inviting 750 sqft basement apartment at 134 Deschene Ave. Perfectly suited for a single or professional couple. The lower level boasts a spacious open-concept layout with a private separate side entrance. The apartment includes two bedrooms, an updated 4-piecebathroom. 2 separate electrical panels for tenant-paid hydro, 40% heat & water split, dedicated private laundry. Every detail has been thoughtfully maintained to provide move-in ready comfort at an affordable price. Basement Tenant responsible for snow removal from their portion of the driveway, cutting front yard grass and trimming hedges beside carport. and the sidewalk. Prime location minutes to top-rated schools, parks, shopping centers, and transit. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$83K

Annual cash flow

$-511

Cash-on-cash

-0.11%

DSCR

0.99

Going-in cap

5.51%

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

146,354

Households

51,334

Median income

$90,000

Median age

45

Daytime population

198,818

5-yr growth

8.4%

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

Secure deal room

Confidential diligence documents for 2 - 134 DESCHESNE AVENUE, Hamilton (Greeningdon).

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.