For Lease · Multifamily

2 - 209 SARAH COURT, Shelburne

2 - 209 SARAH COURT, Shelburne, ON L9V2Z8

Price on request

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Asset Class

Multifamily

Size

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Building class

B

Zoning

RA8 — Medium Rise

$ / SF

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Occupancy

87%

About this property

Welcome to this bright and spacious 2-bedroom lower-level apartment located in a quiet, well-maintained fourplex in a peaceful neighborhood. This comfortable unit offers a functional layout with generous living space, two well-sized bedrooms, and a bright kitchen with ample cabinetry. Large windows provide plenty of natural light throughout, creating a warm and inviting atmosphere. Step outside through the walkout to your own private patio-perfect for enjoying your morning coffee or relaxing after a long day. Enjoy the convenience of a private entrance, on-site parking, and easy access to nearby parks, schools, shopping, and other local amenities. Ideal for professionals, couples, or small families seeking a clean, comfortable home in a quiet setting. Don't miss this excellent leasing opportunity! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$72K

Annual cash flow

$-11K

Cash-on-cash

-2.40%

DSCR

0.87

Going-in cap

4.82%

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

100,988

Households

37,713

Median income

$92,000

Median age

43.4

Daytime population

170,035

5-yr growth

1.2%

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

Secure deal room

Confidential diligence documents for 2 - 209 SARAH COURT, Shelburne.

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.