For Lease · Multifamily

3 - 20 EMILY STREET, Parry Sound

3 - 20 EMILY STREET, Parry Sound, ON P2A2P3

Price on request

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Asset Class

Multifamily

Size

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Building class

C

Zoning

RA9 — High Rise

$ / SF

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Occupancy

91%

About this property

High End Rental Available For Lease . 2 Bedrooms, 2 full ensuite bathrooms plus 1 powder room. Approximately 1400Sqft. Full Kitchen, Private Laundry, Parking Available In Private Underground Garage With Overflow Parking At Ground Level Available. Stainless Steel Appliances, Stone Counters, Large Windows, Private Separate Entrance. Building Is Set Up Like An Apartment Building. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

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

79,483

Households

31,509

Median income

$112,500

Median age

45

Daytime population

85,412

5-yr growth

1.2%

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

Secure deal room

Confidential diligence documents for 3 - 20 EMILY STREET, Parry Sound.

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.