Central Huron N0M 1L0
Canada

Property

Ownership: For Sale
Type: Unknown

Financials

Price:C1,750,000
($1,285,800)
(€1,098,500)
Annual Taxes:C22,550
505 Park Ave, New York, NY 10022

22 unit building being offered for sale at aprox.

    Description

    22 unit building being offered for sale at aprox. 9.1% Cap rate/$79k per unit. Comprised of 2x1Bed, 20x2Bed. Substantial cash flow from day 1 of ownership. Separate hydro meters. The asset is situated in a quiet, established neighbourhood with proximity to schools, parks, and local amenities, making it highly attractive to long term tenants and supporting consistent occupancy. Income/Expense ratio is roughly 49.5%. Decrease your expenses and increase your income to streamline operations and improve efficiency. This is a stabilized, income producing property with the fundamentals investors look for solid construction, full occupancy, and a straightforward strategy to drive returns through operational improvements and rental upside. Tour of all units will take place Sunday May 10th from 3pm-5pm. Please confirm attendance.

    Amenities

    • Major Highway

    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.