1/3576 MARC BOULEVARD, Welland (Lincoln/Crowland)
76 MARC BOULEVARD, Welland (Lincoln/Crowland), ON L3B5V1
$780,000 total
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Asset Class
Multifamily
Size
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Building class
B
Zoning
RA9 — High Rise
$ / SF
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Occupancy
94%
About this property
This exceptional turn-key investment is generating income the moment you close. Featuring a meticulously updated legal duplex plus an additional accessory unit - all fully renovated with permits since 2021 - this property is the definition of hands-off ownership. Modern electrical, plumbing, and HVAC systems mean low maintenance and long-term peace of mind. All three units are occupied by A+ tenants, with utilities paid by tenants, maximizing your net return from day one. Situated on a spacious lot with ample parking for each unit, the property is both practical and highly desirable to renters. Professional property management is already in place and available to be retained, ensuring a seamless transition with no gaps in cash flow. Rare, renovated, and revenue-ready - don't miss this one! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$4K
Projected NOI
$32K
Annual cash flow
$-11K
Cash-on-cash
-4.67%
DSCR
0.75
Going-in cap
4.14%
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
103,097
Households
44,708
Median income
$114,000
Median age
35.6
Daytime population
133,258
5-yr growth
6.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 76 MARC BOULEVARD, Welland (Lincoln/Crowland).
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.