For Lease · Multifamily

6 - 143 WESTCHESTER CRESCENT, St. Catharines (E. Chester)

6 - 143 WESTCHESTER CRESCENT, St. Catharines (E. Chester), ON L2P2N8

Price on request

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Asset Class

Multifamily

Size

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Building class

A

Zoning

RA9 — High Rise

$ / SF

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Occupancy

94%

About this property

Welcome to 143 Westchester Crescent, where comfort, convenience, and value come together! This spacious 2-bedroom apartment offers a practical layout with plenty of room to relax and make yourself at home. Enjoy the added value of gas and water included in the monthly rent, along with property and building maintenance, providing easy, worry-free living. Located in a convenient and well-established area of St. Catharines, this property offers quick access to downtown, shopping, restaurants, grocery stores, schools, parks, public transit, and everyday amenities. Commuters will appreciate the convenient access to the QEW, Highway 406 and major routes throughout Niagara, while Brock University, Niagara College, the Pen Centre and St. Catharines' vibrant downtown core are all within easy reach. Whether you're a working professional, couple, small family, or simply looking for a comfortable place to call home, this apartment delivers an excellent combination of location, convenience and value. Available for lease - 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
Occupancy94%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$81K

Annual cash flow

$-2K

Cash-on-cash

-0.40%

DSCR

0.98

Going-in cap

5.42%

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

136,730

Households

59,996

Median income

$64,500

Median age

37.1

Daytime population

210,667

5-yr growth

2.5%

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

Secure deal room

Confidential diligence documents for 6 - 143 WESTCHESTER CRESCENT, St. Catharines (E. Chester).

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.