















1/17LOWER - 19 MACCABEE AVENUE, Fort Erie (Lakeshore), ON L2A1C7
Price on request
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Asset Class
Multifamily
Size
—
Building class
A
Zoning
RA9 — High Rise
$ / SF
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Occupancy
98%
FOR LEASE - LOWER UNIT - Recently and completely renovated, this bright and modern 2-bedroom, 1-bathroom main floor unit is move-in ready and ideal for tenants seeking comfort and convenience. Rent includes water and gas - tenant to pay hydro and cable/internet. Enjoy fresh finishes throughout, including new cabinetry, fixtures, flooring, paint, and trim. The spacious living room is filled with natural light from a large front window and features a hall closet, a separate laundry closet with washer/dryer, and space for a dining area or casual meals at the peninsula breakfast bar. The updated kitchen includes a center island, pantry, fridge, stove, and dishwasher. The stylish 3-piece bathroom, additional storage closet, and private entrances at both the back and side of the home offer added function and privacy. The large, tree-lined backyard and side yard provide plenty of space for relaxing or outdoor fun. Driveway parking is shared with the upper unit. Located within walking distance of a corner store, Albert Street Park, and Lake Erie's shoreline trails. A short drive brings you to Garrison Rd (Hwy #3) for shopping, restaurants, and amenities, with quick access to the QEW and Peace Bridge. (id:66811)
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Monthly debt service
$7K
Projected NOI
$86K
Annual cash flow
$3K
Cash-on-cash
0.74%
DSCR
1.04
Going-in cap
5.76%
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
104,929
Households
36,531
Median income
$64,000
Median age
37.7
Daytime population
143,409
5-yr growth
4.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for LOWER - 19 MACCABEE AVENUE, Fort Erie (Lakeshore).
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.