For Lease · Multifamily

1 - 118 MAIN STREET E, Shelburne

1 - 118 MAIN STREET E, Shelburne, ON L9V3K5

Price on request

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Asset Class

Multifamily

Size

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Building class

A

Zoning

RA8 — Medium Rise

$ / SF

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Occupancy

96%

About this property

Bright and modern 1-bedroom apartment for lease in the heart of Shelburne! Featuring hardwood floors, an updated kitchen with quartz countertops, pot lights throughout, and large windows that fill the space with natural light. Enjoy a private entrance, parking for one, and the convenience of all utilities included. Located on Main Street, just steps to shops, restaurants, parks, and transit, with quick access to Highway 10. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$84K

Annual cash flow

$775

Cash-on-cash

0.17%

DSCR

1.01

Going-in cap

5.59%

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

47,921

Households

21,386

Median income

$137,500

Median age

40.2

Daytime population

69,850

5-yr growth

6.5%

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

Secure deal room

Confidential diligence documents for 1 - 118 MAIN STREET E, Shelburne.

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.