For Sale · Multifamily

64 BLEEKER STREET, Orillia

64 BLEEKER STREET, Orillia, ON L3V5Z2

Price on request

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Asset Class

Multifamily

Size

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Building class

C

Zoning

RA9 — High Rise

$ / SF

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Occupancy

95%

About this property

Welcome to this bright and renovated 2-bedroom lower-level apartment in Orillia, offering a private entrance, plenty of natural light and a functional open-concept layout. The modern kitchen features stainless steel appliances and an oversized island overlooking the living area, while vinyl plank flooring carries throughout the unit. The updated bathroom features a sleek glass walk-in shower, and private in-suite laundry adds everyday convenience. Two tandem parking spaces are available in the driveway, with easy access to the unit. Outside, enjoy access to the spacious backyard with plenty of green space and room for outdoor living, plus use of the shared storage shed. Conveniently located close to shopping, schools, parks, recreation, public transit and Orillia's downtown core. Available for $1,825/month plus hydro, with heat and water included. First and last month's rent deposit required, along with rental application and supporting documents. A bright, private and well-appointed place to call home in Orillia. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$83K

Annual cash flow

$-511

Cash-on-cash

-0.11%

DSCR

0.99

Going-in cap

5.51%

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

113,397

Households

46,200

Median income

$100,500

Median age

31.3

Daytime population

180,607

5-yr growth

2.6%

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

Secure deal room

Confidential diligence documents for 64 BLEEKER STREET, Orillia.

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.