For Lease · Multifamily

A - 99 BEATRICE STREET, Welland (Lincoln/Crowland)

A - 99 BEATRICE STREET, Welland (Lincoln/Crowland), ON L3B2Z2

Price on request

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Asset Class

Multifamily

Size

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Building class

A

Zoning

RA8 — Medium Rise

$ / SF

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Occupancy

84%

About this property

Welcome to this bright and comfortable two-bedroom, one-bathroom apartment for lease in Welland. This Spacious unit offers great blend of comfort, and convenience. Features: 2 bedrooms, 1 full bathroom, Bright and inviting living area, Well-kept kitchen, and Plenty of storage space. Convenient location. Rent + Hydro. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$68K

Annual cash flow

$-15K

Cash-on-cash

-3.26%

DSCR

0.82

Going-in cap

4.56%

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

101,824

Households

37,886

Median income

$116,500

Median age

32.5

Daytime population

118,604

5-yr growth

1.4%

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

Secure deal room

Confidential diligence documents for A - 99 BEATRICE STREET, Welland (Lincoln/Crowland).

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.