56 MANSION STREET, Kitchener56 MANSION STREET, Kitchener — photo 256 MANSION STREET, Kitchener — photo 356 MANSION STREET, Kitchener — photo 456 MANSION STREET, Kitchener — photo 556 MANSION STREET, Kitchener — photo 656 MANSION STREET, Kitchener — photo 756 MANSION STREET, Kitchener — photo 856 MANSION STREET, Kitchener — photo 956 MANSION STREET, Kitchener — photo 1056 MANSION STREET, Kitchener — photo 1156 MANSION STREET, Kitchener — photo 1256 MANSION STREET, Kitchener — photo 1356 MANSION STREET, Kitchener — photo 1456 MANSION STREET, Kitchener — photo 1556 MANSION STREET, Kitchener — photo 1656 MANSION STREET, Kitchener — photo 1756 MANSION STREET, Kitchener — photo 1856 MANSION STREET, Kitchener — photo 1956 MANSION STREET, Kitchener — photo 2056 MANSION STREET, Kitchener — photo 2156 MANSION STREET, Kitchener — photo 2256 MANSION STREET, Kitchener — photo 2356 MANSION STREET, Kitchener — photo 24
1/24
For Lease · Multifamily

56 MANSION STREET, Kitchener

56 MANSION STREET, Kitchener, ON N2H2J6

Price on request

—

Asset Class

Multifamily

Size

—

Building class

A

Zoning

RF6 — Medium Density

$ / SF

—

Occupancy

89%

About this property

Fantastic, fresh and beautifully renovated! This charming main-floor unit at 56 Mansion Street is available for lease immediately and offers the perfect blend of character and modern updates. Featuring one bedroom, one bathroom plus a versatile den, the space is bright, welcoming and full of charm. You'll love the high ceilings, natural wood window trim and beautiful original stained glass windows in the den, which add so much personality to the home. Ideally located in a great central location close to everyday amenities, transit and more. One parking space is included. Move-in ready and available immediately - a wonderful place to call home! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$75K

Annual cash flow

$-8K

Cash-on-cash

-1.83%

DSCR

0.90

Going-in cap

4.99%

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

42,194

Households

20,068

Median income

$93,500

Median age

32.9

Daytime population

45,749

5-yr growth

4.5%

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

Secure deal room

Confidential diligence documents for 56 MANSION STREET, Kitchener.

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.