For Sale · Multifamily

304 - 237 AUBURN DRIVE, Waterloo

304 - 237 AUBURN DRIVE, Waterloo, ON N2K4G9

Price on request

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Asset Class

Multifamily

Size

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Building class

A

Zoning

RF6 — Medium Density

$ / SF

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Occupancy

91%

About this property

Welcome to 237 Auburn Dr unit 304, where comfort and convenience come together in this beautifully designed 1,009 sq. ft. apartment in Waterloo. Perfect for families and professionals, these apartments offer a great lifestyle in one of the city's most desirable neighborhoods. Step into this spacious, open-concept unit, featuring a bright living room, and a well-appointed kitchen with ample storage. The apartment includes two generous bedrooms and 2 full 4-piece bathrooms. Enjoy the convenience of in-suite laundry facilities. Whether you're relaxing at home or exploring the community, you'll appreciate the thoughtful design and attention to detail in this unit. Situated in a prime location, this property is close to local parks, highly-rated schools, shopping, and public transit, offering easy access to everything Waterloo has to offer. Utilities are extra: Hydro, water, and gas are the responsibilities of the tenants. Parking: Only surface parking is available for $90/month. Only one parking spot is available per unit. Refundable key deposit is $150. Unit comes unfurnished! With a blend of modern features and unbeatable location, this apartment is ideal for anyone looking to elevate their living experience. Don't miss your chance to call 237 Auburn Dr unit 304, your new home. Available immediately! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

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

78,482

Households

36,382

Median income

$131,000

Median age

38.7

Daytime population

116,007

5-yr growth

3.8%

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

Secure deal room

Confidential diligence documents for 304 - 237 AUBURN DRIVE, Waterloo.

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.