For Sale · Multifamily

BSMT - 53 PARKSIDE DRIVE, Brampton (Brampton South)

BSMT - 53 PARKSIDE DRIVE, Brampton (Brampton South), ON L6Y3A1

Price on request

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Asset Class

Multifamily

Size

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Building class

A

Zoning

RF6 — Medium Density

$ / SF

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Occupancy

97%

About this property

Spacious 2-bedroom unit featuring a large open-concept living and dining room, kitchen, and breakfast area, with a separate entrance for added privacy and convenience (Hydro, Gas, Water, and hot water tank). The unit includes 2-car parking, and the tenant is responsible for 30% of the utilities. No pets or smoking permitted. An excellent opportunity for a small family looking for a comfortable and spacious home. (id:66811)

Financial sandbox

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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

111,261

Households

40,376

Median income

$135,500

Median age

36.8

Daytime population

146,663

5-yr growth

4.9%

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

Secure deal room

Confidential diligence documents for BSMT - 53 PARKSIDE DRIVE, Brampton (Brampton South).

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.