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The BeCa 651-657 Old Kent Rd 262 Unit Apartment Building $4,104,099 CAD ($15,664 CAD/Unit) 6.14% Cap Rate London SE15 1JU
Investment Highlights
- Located in a high growth area of London the Old Kent Road Opportunity Area will be delivering over 20,000 new homes.
- Long Income Convenience store investment opportunity in Old Kent Road
- Let entirely to the undoubted covenant of Sainsburys Supermarkets Ltd (Co. No. 3261722)
Executive Summary
Highly prominent retail/convenience store investment on the ground floor of a mixed use residential development providing 1,949 dwellings once fully completed.
Property Facts
| Price | $4,104,099 CAD | Apartment Style | Hi-Rise |
| Price Per Unit | $15,664 CAD | Building Class | A |
| Sale Type | Investment | Lot Size | 1.16 AC |
| Cap Rate | 6.14% | Construction Status | Under Construction |
| Tenure | Freehold/Long Leasehold | Building Size | 492,354 SF |
| No. Units | 262 | No. Stories | 18 |
| Property Type | Multifamily | Year Built | 2026 |
| Property Subtype | Apartment |
| Price | $4,104,099 CAD |
| Price Per Unit | $15,664 CAD |
| Sale Type | Investment |
| Cap Rate | 6.14% |
| Tenure | Freehold/Long Leasehold |
| No. Units | 262 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Hi-Rise |
| Building Class | A |
| Lot Size | 1.16 AC |
| Construction Status | Under Construction |
| Building Size | 492,354 SF |
| No. Stories | 18 |
| Year Built | 2026 |
Amenities
Unit Amenities
- Balcony
- Heating
- Kitchen
Site Amenities
- Concierge
- Security System
- Gameroom
- Lounge
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 84 | - | - |
| 2+1 | 156 | - | - |
| 3+2 | 16 | - | - |
| 4+2 | 6 | - | - |
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Photos
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The BeCa | 651-657 Old Kent Rd
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