May 25, 2024 – CFRealty

FOR SALE -20 suite rental apartment with 75% of the suites renovated/updated as well as common areas.  Wood frame 3 storey building sitting on 0.25 acres of land.  Close to transit, highways and retail.  Mostly one and two bedrooms suites.  Some parking on site.  Hot water gas heating.  Tenants pay their own hydro.  Over 20% rental upside.  Low rate financing in place (2.85%) for another 5 years to run.  Asking $4.5MM or 4% Cap Rate.

Jake Ringwald

Salesperson
(416) 996-7713
jringwald@cfrealty.ca

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