For Sale · Specialty

32362 ADAIR AVENUE, Abbotsford

32362 ADAIR AVENUE, Abbotsford, BC V2T4L5

$1.6M total

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Asset Class

Specialty

Size

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Building class

B

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

83%

Year Built

1980

Lot Size

0.1933425160697888 ac

About this property

PRIME REVENUE PROPERTY - OVER 4,000 SQ FT WITH $5,600/MONTH RENTAL INCOME! Exceptional 8 Bed / 7 Bath home on an 8,422 sq ft lot generating strong $5,600 monthly rental cash flow! - Main Floor: Features 4 spacious bedrooms, all with private attached ensuite bathrooms, plus 1 extra full guest bath (5 full baths on main!). Massive living room, dining area, and chefs kitchen with granite countertops, tile backsplash, stainless steel appliances, plus a secondary spice kitchen. - Basement: Includes 2 Legal Suite plus a separate nanny suite with dedicated entrances, media room, rec room, and storage. - Outdoors & Extras: Front sun deck, huge covered back deck, big backyard, 2-car garage & tons of parking. Walk to Mouat School & Rotary Stadium; minutes to shopping, transit & freeway access. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.60M
Down payment30% · $480K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$86K

Annual cash flow

$-2K

Cash-on-cash

-0.51%

DSCR

0.97

Going-in cap

5.39%

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

83,614

Households

36,059

Median income

$134,500

Median age

37.6

Daytime population

95,105

5-yr growth

9.1%

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

Secure deal room

Confidential diligence documents for 32362 ADAIR AVENUE, Abbotsford.

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.