1/123 - 184 SIMCOE STREET, London East (East K)
3 - 184 SIMCOE STREET, London East (East K), ON N6B1H9
Price on request
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Asset Class
Multifamily
Size
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Building class
B
Zoning
RF6 — Medium Density
$ / SF
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Occupancy
91%
About this property
Well-maintained 1-bedroom, 1-bathroom unit available for lease in the Soho area of London. This bright and clean unit offers updated finishes, including new modern flooring throughout. The kitchen features ample cabinetry and full-size appliances. The bedroom includes a closet and natural light from a large window. Freshly painted in neutral tones throughout to create a fresh and comfortable living space. Laundry is conveniently located in the building (pay-per-use). Water is included in the rent; tenant is responsible for heat and hydro (Baseboard heaters) Located close to downtown, transit routes, shopping, and everyday amenities. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$77K
Annual cash flow
$-6K
Cash-on-cash
-1.26%
DSCR
0.93
Going-in cap
5.16%
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
115,614
Households
42,820
Median income
$128,500
Median age
34.8
Daytime population
162,143
5-yr growth
8.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 3 - 184 SIMCOE STREET, London East (East K).
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.