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For Sale · Multifamily

823 - 100 FULLARTON STREET, London East (East E)

823 - 100 FULLARTON STREET, London East (East E), ON N6A0G8

Price on request

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Asset Class

Multifamily

Size

—

Building class

C

Zoning

RA8 — Medium Rise

$ / SF

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Occupancy

100%

About this property

Welcome to Centro, a modern 40-storey residence in the heart of downtown London! This beautifully updated 8th floor unit offers two bedrooms, two bathrooms and an open-concept kitchen featuring modern appliances. Additional highlights include in-suite laundry, a private balcony and large windows that fill the space with natural light. The primary bedroom features its own ensuite bathroom and walk-in closet. Residents can enjoy exceptional building amenities, including a fitness centre with a spin room, movie theatre, games room with arcade, upscale lobby, rooftop lounge and indoor resident lounge. Conveniently located near excellent transit routes and cycling options. Monthly rent is $2,145, with one underground parking space for an additional $150 per month. Please note this is a lease assignment through April 30, 2027. After that, the lease will continue month to month. Please reach out before submitting an offer, as the building handles tenant screening directly. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy100%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$89K

Annual cash flow

$6K

Cash-on-cash

1.31%

DSCR

1.07

Going-in cap

5.94%

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

48,231

Households

18,007

Median income

$100,000

Median age

44.6

Daytime population

79,634

5-yr growth

1%

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

Secure deal room

Confidential diligence documents for 823 - 100 FULLARTON STREET, London East (East E).

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.