For Lease · Multifamily

MAIN UNIT - 129 ELIZABETH STREET, Guelph (St. Patrick's Ward)

MAIN UNIT - 129 ELIZABETH STREET, Guelph (St. Patrick's Ward), ON N1E2X4

Price on request

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Asset Class

Multifamily

Size

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Building class

A

Zoning

RA9 — High Rise

$ / SF

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Occupancy

95%

About this property

Enjoy the character of St. Patrick's Ward with downtown Guelph just steps away. Available for lease, this one-bedroom, one-bathroom duplex unit occupies the main level and offers an open-concept layout with a spacious living area, gas fireplace, and walkout to your own deck overlooking the generously sized backyard.The kitchen features ample cabinetry, quartz countertops, stainless steel appliances, and a breakfast bar. A comfortable bedroom, four-piece bathroom, and in-suite laundry complete the space.With parks and trails nearby, along with downtown's restaurants, shops, and amenities, there is plenty to enjoy close to home. Public and street parking are available nearby. The tenant is responsible for 30% of utilities. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$83K

Annual cash flow

$-511

Cash-on-cash

-0.11%

DSCR

0.99

Going-in cap

5.51%

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

71,284

Households

31,408

Median income

$82,500

Median age

41

Daytime population

87,986

5-yr growth

7.8%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for MAIN UNIT - 129 ELIZABETH STREET, Guelph (St. Patrick's Ward).

NDA required
  • 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.