1/2434 18TH AVENUE, Hanover
434 18TH AVENUE, Hanover, ON N4N3P1
$329,888 total
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Asset Class
Land
Size
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Building class
C
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
87%
About this property
OPPORTUNITY to own and develop Vacant land in Hanover. Total area: 19,737sf. Many uses permitted under C3 zoning. Proposed 21 unit Apartment Building plans available. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$17K
Annual cash flow
$-1K
Cash-on-cash
-1.40%
DSCR
0.92
Going-in cap
5.12%
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
111,320
Households
42,622
Median income
$121,000
Median age
33.8
Daytime population
115,607
5-yr growth
5.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 434 18TH AVENUE, Hanover.
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.