1/18UNIT 9 - 141 PLYMOUTH ROAD, Welland (Lincoln/Crowland)
UNIT 9 - 141 PLYMOUTH ROAD, Welland (Lincoln/Crowland), ON L3B3C8
Price on request
—
Asset Class
Multifamily
Size
—
Building class
C
Zoning
RA9 — High Rise
$ / SF
—
Occupancy
91%
About this property
FREE FIRST MONTH rent for 8/1st start. End Unit - approx. 1030 sq ft - Spacious 2-Bedroom/1-Bathroom with Apartment for Lease - Offered at $1,895/month + Hydro. This building has been fully renovated, it shows A+ and offers a variety of units - two-, and three-bedroom apartments - all available for immediate occupancy. Units and common areas are super clean and well-maintained; coin-operated laundry in the building. The location is extremely convenient: situated near public transit, hospital, shopping, schools, and other local amenities. Application Requirements: Interested applicants will be asked to provide financial documentation following a showing, including proof of income, credit report, and references. Parking is available for an additional $35/month. The building has 12 units in total; each floor offers 3 units. We have 2-bed/and 3-bed units available. Virtually staged photos showcasing multiple units. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$77K
Annual cash flow
$-6K
Cash-on-cash
-1.26%
DSCR
0.93
Going-in cap
5.16%
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
71,641
Households
28,026
Median income
$129,500
Median age
38.3
Daytime population
96,344
5-yr growth
9.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for UNIT 9 - 141 PLYMOUTH ROAD, Welland (Lincoln/Crowland).
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.