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For Sale · Multifamily

14 - 140 LAURIER STREET, Casselman

14 - 140 LAURIER STREET, Casselman, ON K0A1M0

Price on request

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Asset Class

Multifamily

Size

—

Building class

A

Zoning

RF6 — Medium Density

$ / SF

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Occupancy

97%

About this property

Welcome to this quaint and freshly painted 2-bedroom, 1-bathroom apartment located in a well-maintained building. The unit offers a bright, comfortable layout with two good-sized bedrooms, a full bathroom and a private balcony - a great spot to enjoy some fresh air or your morning coffee. For added convenience, the unit has connections for your own washer and dryer, as well as the option to install your own A/C unit. Water, sewer and 1 parking space are included in the monthly rent, with additional storage available to rent if needed. A comfortable and well-kept apartment with everything you need to feel right at home! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$85K

Annual cash flow

$2K

Cash-on-cash

0.46%

DSCR

1.02

Going-in cap

5.68%

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

93,027

Households

40,372

Median income

$88,000

Median age

42.2

Daytime population

141,071

5-yr growth

3.7%

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

Secure deal room

Confidential diligence documents for 14 - 140 LAURIER STREET, Casselman.

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.