1/131 - 1033 RAVINE ROAD, Oshawa (Lakeview)
1 - 1033 RAVINE ROAD, Oshawa (Lakeview), ON L1H4C9
Price on request
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Asset Class
Multifamily
Size
—
Building class
B
Zoning
RA9 — High Rise
$ / SF
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Occupancy
87%
About this property
GREAT VALUE! - 1 MONTH RENT FREE ON A 12 MONTH LEASE! Recently updated 2-bedroom apartment available for rent in Oshawa. Shopping, transit, grocery stores, and many other great amenities nearby! Easy access to Hwy. 401 at Harmony Road. Just a short drive to the General Motors assembly plant and an easy walk to Bobby Orr Public School. Unit includes no charge on-site laundry. The property has a yard and is located in a safe neighbourhood. The building is a clean, secure, six-unit walk-up, with quiet and respectful tenants. Building is professionally property managed and maintained. Features include: Spacious Kitchen, with Stainless Steel Appliances, including Dishwasher! Laminate Floors throughout Kitchen has been recently Renovated. Ample Storage within the unit. Reserved Parking available at $40.00 per month. Great value with Heat and Water included in the Rent. On-Site Laundry provided at no extra charge. Net effective lease rate of $1,604.17/month with the one month free rent incentive. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
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
103,486
Households
38,884
Median income
$134,500
Median age
38.8
Daytime population
103,291
5-yr growth
4.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 1 - 1033 RAVINE ROAD, Oshawa (Lakeview).
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.