For Sale · Multifamily

126 CHATHAM Street, Brantford

126 CHATHAM Street, Brantford, ON N3S4G4

$529,000 total

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Asset Class

Multifamily

Size

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Building class

A

Zoning

RF6 — Medium Density

$ / SF

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Occupancy

92%

Year Built

1905

About this property

This property is ideally located just a short walk from downtown, parks, and transit, making it a convenient choice for residents. The coin-operated laundry in the basement also presents a potential source of additional annual income. While the property could benefit from some TLC, it already offers solid income potential. Whether you're looking to start or grow your investment portfolio, this property is an excellent option. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$529K
Down payment30% · $159K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$23K

Annual cash flow

$-6K

Cash-on-cash

-4.01%

DSCR

0.78

Going-in cap

4.34%

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

61,083

Households

27,581

Median income

$69,000

Median age

41.6

Daytime population

76,946

5-yr growth

7.8%

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

Secure deal room

Confidential diligence documents for 126 CHATHAM 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.