For Sale · Multifamily

2 - 16 BRANT AVENUE, Guelph (Victoria North)

2 - 16 BRANT AVENUE, Guelph (Victoria North), ON N1E1E7

Price on request

—

Asset Class

Multifamily

Size

—

Building class

B

Zoning

RA9 — High Rise

$ / SF

—

Occupancy

97%

About this property

Lower level, 2 bedroom apartment in a well maintained building. This spacious apartment has lots of storage space and is carpet free. Shared coin operated laundry. It includes heat, water, fridge, stove, one assigned parking spot and an extra storage space/locker in the laundry room. Tenants to pay for hydro, cable, internet and telephone. Landlord pays heat and water. Located a step away from a city bus route, close to schools, parks, grocery and other amenities. Pets restricted. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$85K

Annual cash flow

$2K

Cash-on-cash

0.46%

DSCR

1.02

Going-in cap

5.68%

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

58,530

Households

23,788

Median income

$108,000

Median age

33.2

Daytime population

98,877

5-yr growth

1.8%

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

Secure deal room

Confidential diligence documents for 2 - 16 BRANT AVENUE, Guelph (Victoria North).

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.