For Sale · Multifamily

A - 12 FOSTER AVENUE, Guelph (Downtown)

A - 12 FOSTER AVENUE, Guelph (Downtown), ON N1H3B3

Price on request

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Asset Class

Multifamily

Size

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Building class

A

Zoning

RA8 — Medium Rise

$ / SF

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Occupancy

84%

About this property

Unique and open concept 1 bedroom apartment in great neighborhood. Modern and updated interior with plenty of space for working, living, guests, and all your stuff. The other tenants in the building are quiet and friendly and create an awesome neighborhood feel. 2nd upper unit also available for December 1 - have a look at the virtual tour and choose which one you like best! Landlord is a neighbor who is always available to make sure your stay is a great one! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$68K

Annual cash flow

$-15K

Cash-on-cash

-3.26%

DSCR

0.82

Going-in cap

4.56%

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

117,136

Households

41,639

Median income

$120,000

Median age

35.9

Daytime population

115,870

5-yr growth

8.1%

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

Secure deal room

Confidential diligence documents for A - 12 FOSTER AVENUE, Guelph (Downtown).

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.