Property
Ownership: | For Sale |
---|---|
Type: | Unknown |
Bedrooms: | Studio |
Pets: | Pets No |
Financials
27 Tamarack Street offers a rare opportunity to acquire a fully condomniniumized, well maintained 23 unit building in a quiet, family friendly community.
Description
27 Tamarack Street offers a rare opportunity to acquire a fully condomniniumized, well-maintained 23-unit building in a quiet, family-friendly community. The mix includes 13 two-bedroom and 10 three-bedroom units, all featuring spacious layouts, modern kitchens with stainless steel appliances, in-suite laundry and updated bathrooms. With ample surface parking and proximity to schools, parks, shopping and healthcare, the property attracts quality tenants and boasts low vacancy risk. As part of Renfrew Standard Condominium Corporation #13, it offers the flexibility to sell units individually or operate as a traditional rental. Offered at a 6.17% cap rate with projected Year 1 NOI of $339,077, this asset delivers immediate cash flow and long-term upside in a supply-constrained rental market.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.