For Lease · Multifamily

2 - 364 IMPERIAL ROAD S, Guelph (Willow West/Sugarbush/West Acres)

2 - 364 IMPERIAL ROAD S, Guelph (Willow West/Sugarbush/West Acres), ON N1K1L4

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

Bright and spacious legal 3-bedroom, 1-bathroom lower unit available for lease in a desirable Guelph neighbourhood. Professionally built in 2022 with all City of Guelph permits, this unit features exceptionally large windows that provide plenty of natural light, making it feel unlike a typical basement apartment. Enjoy the convenience of a private entrance, in-suite laundry, and a separate hydro meter. Conveniently located close to Costco, Zehrs, the University of Guelph, schools, parks, public transit, restaurants, and many other amenities. Available immediately. Book your private showing today. (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

94,796

Households

34,006

Median income

$128,000

Median age

37.4

Daytime population

111,974

5-yr growth

6.1%

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

Secure deal room

Confidential diligence documents for 2 - 364 IMPERIAL ROAD S, Guelph (Willow West/Sugarbush/West Acres).

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.