For Sale · Multifamily

3 - 54 LAWSON ROAD, Clarington (Courtice)

3 - 54 LAWSON ROAD, Clarington (Courtice), ON L1E2K3

Price on request

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Asset Class

Multifamily

Size

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Building class

C

Zoning

RA9 — High Rise

$ / SF

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Occupancy

90%

About this property

ALL-INCLUSIVE 1-BEDROOM OASIS ON A PRIVATE RAVINE. Imagine coming home to your own private nature retreat every single day. Surrounded by mature trees on an incredible half-acre ravine lot, this cozy and comfortable 1-bedroom apartment is a rare find in Courtice. Step through your private entrance into a bright, open-concept living space designed for easy living. You will absolutely love the spacious sunroom-the perfect spot to enjoy your morning coffee while overlooking the serene, park-like backyard (which is entirely yours to use and enjoy!). The unit also features a practical kitchen area, a spotless bathroom with a standing shower, a cozy sleeping area, and the ultimate convenience of your own separate washer and dryer. With all utilities included and one parking spot ready for you, this move-in-ready gem offers completely stress-free living. You get the tranquility of a country cottage while being just minutes away from shopping, parks, and major highways. Available immediately-come see your new peaceful escape! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$76K

Annual cash flow

$-7K

Cash-on-cash

-1.54%

DSCR

0.92

Going-in cap

5.08%

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

70,791

Households

26,318

Median income

$137,500

Median age

36.3

Daytime population

75,734

5-yr growth

8%

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

Secure deal room

Confidential diligence documents for 3 - 54 LAWSON ROAD, Clarington (Courtice).

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.