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For Lease · Multifamily

REAR - 195 EMERY STREET E, London South (South F)

REAR - 195 EMERY STREET E, London South (South F), ON N6C2E3

Price on request

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Asset Class

Multifamily

Size

—

Building class

A

Zoning

RA9 — High Rise

$ / SF

—

Occupancy

100%

About this property

What an opportunity! This spacious and well-maintained 3-bedroom, 2-bathroom home is available for lease in the highly sought-after Wortley Village area. The unique up-and-down split layout offers plenty of comfortable living space. Upstairs, you'll find a bright family room and a beautiful, generously sized kitchen with ample counter space, a large island and great cabinet storage for anyone who loves to cook and entertain. The primary bedroom is also located upstairs and features a full ensuite bathroom and access to a private deck, ideal for enjoying your morning coffee. The lower level offers a second family room with a cozy gas stove, perfect for relaxing on cool evenings. Two additional bedrooms and a full bathroom complete this level. Clean, comfortable, and thoughtfully laid out, this home offers both convenience and charm, just steps from everything Wortley Village has to offer. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy100%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$89K

Annual cash flow

$6K

Cash-on-cash

1.31%

DSCR

1.07

Going-in cap

5.94%

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

46,680

Households

16,210

Median income

$97,000

Median age

31.5

Daytime population

54,473

5-yr growth

6.4%

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

Secure deal room

Confidential diligence documents for REAR - 195 EMERY STREET E, London South (South F).

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.