For Lease · Multifamily

UNIT 2 ( MIDDLE ) - 515 STONE STREET, Oshawa (Lakeview)

UNIT 2 ( MIDDLE ) - 515 STONE STREET, Oshawa (Lakeview), ON L1J1A4

Price on request

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Asset Class

Multifamily

Size

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Building class

A

Zoning

RA9 — High Rise

$ / SF

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Occupancy

85%

About this property

Lake front and Offered for lease . This Triplex 3 Bedrooms with Living Room and Dining Room and available@ 2nd floor only with 3 Bedrooms plus living room , dining room and washroom , 2 parking ,Separate utilities and Separate Entrances and Fire exits .Walk to schools, Rec Centre and Lake Ontario's Walking Trail, Tenant to pay utilities; credit bureau, application and proof of income required (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$70K

Annual cash flow

$-13K

Cash-on-cash

-2.97%

DSCR

0.84

Going-in cap

4.65%

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

140,982

Households

55,034

Median income

$109,000

Median age

33.9

Daytime population

183,469

5-yr growth

5.1%

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

Secure deal room

Confidential diligence documents for UNIT 2 ( MIDDLE ) - 515 STONE STREET, Oshawa (Lakeview).

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.