1/161B - 231 GREENWOOD AVENUE, London South (South D)
1B - 231 GREENWOOD AVENUE, London South (South D), ON N6J3G5
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
85%
About this property
Welcome to 231 Greenwood Ave unit #3. Well-maintained 2 -bedroom, 1-bathroom basement level unit available for lease off Springbank Dr in the Kensal Park area of London. This bright and clean unit offers updated finishes, including modern flooring throughout and an updated bathroom and kitchen with ample cabinetry and full-size appliances. Laundry is conveniently located in the basement. Neutral tones throughout create a fresh and comfortable living space. Available at $1500/month plus $100 for water plus tenant is also responsible for heat and hydro. Located close to downtown, transit routes, shopping, and everyday amenities. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$70K
Annual cash flow
$-13K
Cash-on-cash
-2.97%
DSCR
0.84
Going-in cap
4.65%
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
39,700
Households
14,669
Median income
$65,500
Median age
42.7
Daytime population
52,539
5-yr growth
0.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 1B - 231 GREENWOOD AVENUE, London South (South D).
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.