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$400,000 total
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Asset Class
Land
Size
—
Building class
A
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
86%
Investors and developers take note - value in the land with the bonus of a house that can generate you income while you wait to build. Welcome to 3875 Howard Avenue! This versatile raised bungalow sits on an expansive approximately 60 ft x 181 ft deep lot offering rare space and and so much future potential. Boasting 4 bedrooms, 2 full bathrooms, and 2 kitchens, this layout is perfectly suited for multi-generational living, extended families, or savvy investors bringing their own touch. This home provides comfortable living areas and plenty of room to adapt to your lifestyle. Outside, the deep, fully usable backyard features a detached storage shed and ample room for gardening and outdoor entertaining. Conveniently located 4 minutes to Devonshire mall and Roseland golf, 6 minutes to the 401 and close to other amenities and schools. Don't miss the opportunity to unlock the incredible value and possibilities this standout property has to offer! (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$15K
Annual cash flow
$-8K
Cash-on-cash
-6.32%
DSCR
0.66
Going-in cap
3.64%
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.
Trade area within 3 miles of the property.
Population
43,495
Households
18,412
Median income
$109,000
Median age
34.4
Daytime population
53,204
5-yr growth
8.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 3875 HOWARD Avenue, Windsor.
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.