Grant Lin Acquires Multifamily Property At 1356 West Stoneridge Court For $1.685M With CBRE
1356 West Stoneridge Court
$1,685,000
$319/SF
Building Size
5,273 SF
Asset Type
MultiFamily
Closing
Nov 14, 2025
AI
The property asset involved in the transaction is a multifamily property located at 1356 West Stoneridge Court in Ontario. The sale price of the property was $1,685,000 for a total of 8 units, with a price per unit of $210,625. The building encompasses a total square footage of 5,273, resulting in a price per square foot of $319.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,685,000
- Units: 8
- Price Per Unit: $210,625
- Square Footage: 5,273
- Price Per Square Foot: $319
- Buyer: Grant Lin
- Seller: David Jackson
- Buyer's Representative: Eric Chen - CBRE
- Seller's Representative: Blake Torgerson - CBRE
- Date of Transaction: 11/14/2025
The deal's key individuals include Grant Lin as the buyer and David Jackson as the seller. Eric Chen and Blake Torgerson, both from CBRE, represented the buyer and seller, respectively, facilitating the transaction.
Players
Ontario MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.41%
Cash-on-Cash
-2.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93