1/31220 BRUCE 12 ROAD, South Bruce
1220 BRUCE 12 ROAD, South Bruce, ON N0G1W0
$875,000 total
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Asset Class
Multifamily
Size
—
Building class
C
Zoning
RA8 — Medium Rise
$ / SF
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Occupancy
100%
Lot Size
0.31 ac
About this property
Investment property 7.50 Cap Rate. 5 apartments. Completely modernized 5 years ago. Natural gas heat, Municipal sewers. Laundry on sight. A1 tenants. 1- 1 bedroom, 1-3 bedroom and 3- 2 bedrooms (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$4K
Projected NOI
$38K
Annual cash flow
$-11K
Cash-on-cash
-4.03%
DSCR
0.78
Going-in cap
4.33%
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
48,518
Households
17,444
Median income
$112,000
Median age
34.3
Daytime population
43,712
5-yr growth
8.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 1220 BRUCE 12 ROAD, South Bruce.
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.