Business For Sale · Multifamily

564 BROOKHAVEN CRESCENT, Waterloo

564 BROOKHAVEN CRESCENT, Waterloo, ON N2L4R7

$2.1M total

5,160 SF

Asset Class

Multifamily

Size

5,160 SF

Building class

A

Zoning

RA8 — Medium Rise

$ / SF

$407

Occupancy

86%

Lot Size

0.4 ac

About this property

Turnkey multi-residential investment - six fully leased two-storey brick townhouse units in a row, generating income from day one. Works out to only $350,000 per unit, this is an exceptional entry point into one of Ontario's strongest rental markets. Each unit features two bedrooms, a full washroom, and a rec room in the basement. Situated on a large 0.4-acre lot with 9 rear parking spaces, backing onto greenspace in a quiet, family-oriented neighbourhood minutes from the University of Waterloo and Wilfrid Laurier University - ensuring consistently strong rental demand. Excellent long-term mature tenants in place. Significant future development potential on this large lot! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.10M
Down payment30% · $630K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$10K

Projected NOI

$61K

Annual cash flow

$-55K

Cash-on-cash

-8.81%

DSCR

0.52

Going-in cap

2.90%

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.

Rent roll (estimated)

TenantAreaExpiry
Blue Harbour Design2,329 SF2030-10
Blue Harbour Design1,113 SF2030-10
Blue Harbour Design1,006 SF2030-10

Area demographics

Trade area within 3 miles of the property.

Population

131,394

Households

54,805

Median income

$119,000

Median age

33.5

Daytime population

146,757

5-yr growth

4.2%

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

Secure deal room

Confidential diligence documents for 564 BROOKHAVEN CRESCENT, Waterloo.

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.