For Sale · Multifamily

3 BURNABY DRIVE, Georgina (Keswick North)

3 BURNABY DRIVE, Georgina (Keswick North), ON L4P3Z1

Price on request

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Asset Class

Multifamily

Size

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Building class

B

Zoning

RA9 — High Rise

$ / SF

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Occupancy

91%

About this property

Beautiful 2-Storey Detached 3 Bedroom Full Privacy With No House Behind Home In A Lovely Neighbourhood Accessible to Woodbine Ave, Open Concept Living And Dining Room, Gas Fireplace, Kitchen Walk Out To Large Deck, Fully Fenced Yard, Covered Porch, Double Garage, Steps To Arena, Schools, Shopping, Parks, Lake Simcoe, Community Centres, Close To Hwy 404. Tenant pays the utilities. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$77K

Annual cash flow

$-6K

Cash-on-cash

-1.26%

DSCR

0.93

Going-in cap

5.16%

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

97,523

Households

34,107

Median income

$127,500

Median age

38

Daytime population

139,432

5-yr growth

0.9%

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

Secure deal room

Confidential diligence documents for 3 BURNABY DRIVE, Georgina (Keswick North).

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.