1/10MAIN - 332 COLBORNE STREET, Central Elgin (Port Stanley)
MAIN - 332 COLBORNE STREET, Central Elgin (Port Stanley), ON N5L1B4
Price on request
—
Asset Class
Multifamily
Size
—
Building class
C
Zoning
RA9 — High Rise
$ / SF
—
Occupancy
83%
About this property
3 BEDROOM | 1 BATHROOM Spacious and bright 3-bedroom, 1-bathroom main-floor unit available for lease at &2,200/month plus utilities. Offering a generous layout with plenty of natural light, this well-maintained main-floor residence provides comfortable living in the heart of Port Stanley. Enjoy your own use of the huge backyard, perfect for relaxing, entertaining, or enjoying the outdoors. Ideally located close to Port Stanley's beaches, shops, restaurants, parks, and local amenities. A great opportunity to enjoy spacious living in one of the area's most sought-after communities.$2,200/month + utilities | 3 Bedrooms | 1 Bathroom | Main Floor | Huge Private-Use Backyard (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$67K
Annual cash flow
$-16K
Cash-on-cash
-3.54%
DSCR
0.81
Going-in cap
4.48%
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
131,874
Households
57,858
Median income
$114,000
Median age
35
Daytime population
223,396
5-yr growth
1.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for MAIN - 332 COLBORNE STREET, Central Elgin (Port Stanley).
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.