For Sale · Multifamily

202 - 187 VICTORIA STREET W, North Huron (Wingham)

202 - 187 VICTORIA STREET W, North Huron (Wingham), ON N0G2W0

Price on request

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Asset Class

Multifamily

Size

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Building class

A

Zoning

RF6 — Medium Density

$ / SF

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Occupancy

99%

About this property

This 975 square foot suite is well designed and complete with all the amenities, including 3 stainless steel appliances and in-suite laundry. Featuring 2 bedrooms, a bathroom, open concept kitchen & living area, along with a 16'x8' balcony for outdoor living! The suite boasts high quality finishes for your living enjoyment. (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

98,507

Households

35,540

Median income

$133,500

Median age

39.3

Daytime population

148,713

5-yr growth

8.8%

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

Secure deal room

Confidential diligence documents for 202 - 187 VICTORIA STREET W, North Huron (Wingham).

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.