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For Lease · Multifamily

2 - 279 DARLING STREET, Brantford

2 - 279 DARLING STREET, Brantford, ON N3S3X7

Price on request

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Asset Class

Multifamily

Size

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Building class

Zoning

RA9 — High Rise

$ / SF

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Occupancy

87%

About this property

Welcome Home! Beautifully renovated 4-bedroom, 2-bathroom upper unit available for lease on a quiet, tree-lined street in Brantford's family-friendly East Ward. This bright and spacious 1,200 sq.ft. suite offers its own private entrance, a large welcoming front foyer, and handy under-stair storage. Freshly painted and recently renovated throughout, it features high ceilings, hardwood flooring, and an abundance of windows that fill every room with natural light. The full kitchen comes complete with dishwasher, oven, and refrigerator, while in-unit washer and dryer add everyday convenience. One of the four generous bedrooms boasts its own private ensuite, perfect for a primary retreat or roommate setup. Enjoy year-round comfort with central air, forced-air heating, and your own hot water tank, all with in-unit controls.Ample street parking available, and if you need extra storage space, the garage can be rented for an additional fee.Close to shopping, groceries, and both Wilfrid Laurier University's Brantford campus and Conestoga College. Available August 4th. Don't miss this move-in ready gem! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate

Purchase price$1.50M

Down payment30% · $450K

Interest rate6.25%

Amortization25 years

Occupancy87%

Expense growth2.5%

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

125,569

Households

57,552

Median income

$112,000

Median age

Daytime population

144,290

5-yr growth

7.1%

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

Secure deal room

Confidential diligence documents for 2 - 279 DARLING STREET, Brantford.

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.