For Sale · Multifamily

303 - 4390 HILLVIEW DRIVE, Lincoln (Beamsville)

303 - 4390 HILLVIEW DRIVE, Lincoln (Beamsville), ON L0R1B1

Price on request

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Asset Class

Multifamily

Size

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Building class

B

Zoning

RF6 — Medium Density

$ / SF

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Occupancy

99%

About this property

Experience modern living at The Madera in this spacious 2-bedroom, 2-bathroom suite offering approximately 1,017 sq. ft. of thoughtfully designed living space. This pet-friendly community combines contemporary finishes with smart-home features and exceptional building amenities. The suite features floor-to-ceiling windows, a private balcony, in-suite laundry, and luxury vinyl flooring throughout the foyer, kitchen, and living areas, with ceramic tile in the bathrooms. The modern kitchen offers a large island, quartz countertops, custom soft-close cabinetry, tiled backsplash, under-cabinet LED lighting, and a full stainless steel appliance package including a dishwasher and microwave. The primary bedroom features a private ensuite, while the second bathroom provides additional convenience for residents and guests. Enjoy the comfort of air-source VRF heating and cooling, an ERV system, energy-efficient LED lighting, and high-quality modern plumbing fixtures. Residents also enjoy secured heated underground parking, high-speed internet included in the rental rate through Cogeco, smart-home technology, and a private common BBQ and lounging area. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$88K

Annual cash flow

$5K

Cash-on-cash

1.03%

DSCR

1.06

Going-in cap

5.85%

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

144,777

Households

53,571

Median income

$125,000

Median age

39.3

Daytime population

164,860

5-yr growth

1.2%

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

Secure deal room

Confidential diligence documents for 303 - 4390 HILLVIEW DRIVE, Lincoln (Beamsville).

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.