For Sale · Multifamily

UPPER - 511 HARRIS COURT, Whitby (Downtown Whitby)

UPPER - 511 HARRIS COURT, Whitby (Downtown Whitby), ON L1N3C6

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

83%

About this property

Bright and spacious renovated 3 bedroom flat in a quiet family friendly cul de sac. Laminate floors throughout. Ensuite laundry. Updated kitchen. **EXTRAS** parking on private driveway, ensuite laundry, 2 private entrances. Tenant pays 60% of utilities, shared with bsmt unit only. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$67K

Annual cash flow

$-16K

Cash-on-cash

-3.54%

DSCR

0.81

Going-in cap

4.48%

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

99,992

Households

35,061

Median income

$107,000

Median age

45.7

Daytime population

140,064

5-yr growth

3.3%

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

Secure deal room

Confidential diligence documents for UPPER - 511 HARRIS COURT, Whitby (Downtown Whitby).

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.