1/13LOWER - 4961 ARMOURY STREET, Niagara Falls (Cherrywood)
LOWER - 4961 ARMOURY STREET, Niagara Falls (Cherrywood), ON L2G7A2
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
99%
About this property
This lower apartment unit is in the heart of the Downtown/Fallsview area with parking and a rear yard is available for lease. It has a nicely decorated kitchen with modern appliances, coin laundry and a bright living room area. Located in a tranquil neighbourhood, you'll enjoy easy access to local attractions, parks, dining options and easy highway access. Revised - Rent is $1,700 All Inclusive. (Internet & Cable not included). (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$88K
Annual cash flow
$5K
Cash-on-cash
1.03%
DSCR
1.06
Going-in cap
5.85%
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
135,118
Households
53,417
Median income
$104,000
Median age
45
Daytime population
138,155
5-yr growth
4.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for LOWER - 4961 ARMOURY STREET, Niagara Falls (Cherrywood).
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.