For Lease · Multifamily

1 - 102 PARK AVENUE, Brantford

1 - 102 PARK AVENUE, Brantford, ON N3S5H8

Price on request

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Asset Class

Multifamily

Size

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Building class

B

Zoning

RF6 — Medium Density

$ / SF

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Occupancy

87%

About this property

Discover refined living in this beautifully renovated main-floor residence, offering an exceptional combination of space, modern elegance, and everyday convenience. Extensively updated in 2023, this impressive 2-bedroom, 1.5-bathroom apartment showcases quality craftsmanship, contemporary finishes, and thoughtful design throughout. Featuring soaring 10-foot ceilings and an abundance of large windows, the home is filled with natural light, creating a bright, open, and inviting atmosphere. The spacious living room offers plenty of room to relax or entertain, while the generously sized eat-in kitchen features elegant quartz countertops, ample cabinetry, and premium stainless steel appliances, including a double-door refrigerator, stove, built-in dishwasher, and microwave. Both bedrooms are generously proportioned, complemented by beautifully updated bathrooms, convenient main-floor laundry, and two separate private entrances. The expansive full basement provides valuable additional space and ample storage. Additional highlights include private parking, a dedicated forced-air furnace, separate central air conditioning, an energy-efficient HRV air exchange system, and hot water on demand for year-round comfort. Ideally located close to schools, shopping, restaurants, parks, scenic trails, public transit, and major transportation routes, this meticulously maintained residence offers exceptional comfort and convenience. An outstanding opportunity to lease a spacious, beautifully renovated main-floor apartment where modern luxury, quality finishes, and everyday functionality come together. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$72K

Annual cash flow

$-11K

Cash-on-cash

-2.40%

DSCR

0.87

Going-in cap

4.82%

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

108,628

Households

48,815

Median income

$123,500

Median age

37.3

Daytime population

111,713

5-yr growth

5.8%

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

Secure deal room

Confidential diligence documents for 1 - 102 PARK AVENUE, Brantford.

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.