1/323 HICKORY COURT, Welland (N. Welland)
23 HICKORY COURT, Welland (N. Welland), ON L3C6S9
Price on request
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Asset Class
Multifamily
Size
—
Building class
B
Zoning
RA9 — High Rise
$ / SF
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Occupancy
99%
About this property
Raised bungalow located on a quiet court in North Welland for rent. The lower-level unit features 3 spacious bedrooms, an open-concept kitchen and living area, and a 3-piece bathroom. Includes in-suite laundry and 2 driveway parking spaces. Conveniently located on a bus route and just minutes from Seaway Mall, parks, schools, restaurants, and grocery stores, with Niagara College only a 3-minute drive away. Lower-level tenant is responsible for 40% of shared utilities. Hot water tank is a rental. Upper unit is rented separately. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$88K
Annual cash flow
$5K
Cash-on-cash
1.03%
DSCR
1.06
Going-in cap
5.85%
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
133,369
Households
57,627
Median income
$107,500
Median age
33.9
Daytime population
216,399
5-yr growth
0.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 23 HICKORY COURT, Welland (N. Welland).
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.