REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,199,500
Est. payment | /mo
$ 1,199,500
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type 5 - 8 Unit
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26009379
Construction Status Approximate
Year Built 1920
Annual Tax Amount $6,537
Tax Year 2025
Property Sub-Type 5 - 8 Unit
Source WESC
Property Description
Attention Investors! Well maintained, turn-key 7 unit apartment building centrally located near
downtown, waterfront, bus routes and amenities. Backing onto University ave/Kids Alliance Park! Fully
occupied. 1x 2BR, 4x 1BR and 2x bachelor units. Many recent renovations. 6.15% cap rate, Excellent
cash-flow with 5-year return at $66,592! (higher return potential with self-management) . All units
separately metered hydro with their own hot water heaters (owned, installed 2023). Includes 7
refrigerators/stoves. On site parking (4 spaces plus street parking) and laundry (1 washer/dryer set -
coin op). Contact Listing sales rep for your private viewing and financials today!
downtown, waterfront, bus routes and amenities. Backing onto University ave/Kids Alliance Park! Fully
occupied. 1x 2BR, 4x 1BR and 2x bachelor units. Many recent renovations. 6.15% cap rate, Excellent
cash-flow with 5-year return at $66,592! (higher return potential with self-management) . All units
separately metered hydro with their own hot water heaters (owned, installed 2023). Includes 7
refrigerators/stoves. On site parking (4 spaces plus street parking) and laundry (1 washer/dryer set -
coin op). Contact Listing sales rep for your private viewing and financials today!
Location
Province ON
Zoning RD2.2
Interior
Heating Baseboard Heaters, Heat Pump
Cooling Baseboard Heaters, Heat Pump
Flooring Mixed Flooring
Inclusions 7 fridges, 7 stoves, 1 washer, 1 dryer, 1 window air conditioner, security equipment
Exterior
Roof Type Asphalt
Building
Foundation Block
Sewer Sanitary
Construction Status Approximate
Listed by DEERBROOK REALTY INC.
Nearby Locations