









1/1121 PEPPER AVENUE, Belleville (Belleville Ward), ON K8P4R2
Price on request
—
Asset Class
Multifamily
Size
—
Building class
A
Zoning
RA9 — High Rise
$ / SF
—
Occupancy
94%
FOR LEASE. Enjoy worry-free renting with this ALL-INCLUSIVE lower-level rental. This move-in ready 2-bedroom, 1 bathroom residence is in the West end of town and offers flexibility, convenient location and in-suite laundry. Approximately 900 sq. ft. of total living space, and a common side entrance leads to separate access for each of the 2 units, ensuring privacy. The property boasts a large 164-ft deep fenced yard with a storage shed and 2 parking spots for each unit. Conveniently located on the City Bus route and close to town and highway, offering easy commuter access and ideal location for persons attending Loyalist College. Additional features such as vinyl windows, a forced-air gas furnace, and laminate flooring. Appliances included are: fridge, stove, washer and dryer. Immediate possession is available for this unit. Nothing to pay except your rent allows you to have predicable expenses and easier to budget. Rental application required for all applicants including: credit score, references, employment letter and valid government identification. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$81K
Annual cash flow
$-2K
Cash-on-cash
-0.40%
DSCR
0.98
Going-in cap
5.42%
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.
Trade area within 3 miles of the property.
Population
106,585
Households
39,981
Median income
$73,500
Median age
42
Daytime population
175,662
5-yr growth
9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 21 PEPPER AVENUE, Belleville (Belleville Ward).
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.