Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
Financials
Price:C5,800,000
($4,130,900)
(€3,588,600)
Annual Taxes:C30,945.42
Introducing a solid, purpose built 34 unit apartment building nestled in the heart of Kingsville, one of Southwestern Ontario's most sought after lakeside rental markets.
Description
Introducing a solid, purpose-built 34-unit apartment building nestled in the heart of Kingsville, one of Southwestern Ontario's most sought-after lakeside rental markets. Featuring a strong mix of 22 one-bedroom and 12 two-bedroom suites, fully tenanted to reliable tenants. Separate hydro meters, with all tenants paying their own hydro. Many units currently rent well below market, offering significant upside as suites turn. A number of suites have been fully renovated to a modern standard, with a new on-site storage area recently added. Ideally situated just off Main Street, steps from downtown Kingsville's shops, restaurants, and grocery, minutes to the Kingsville Recreation Complex, Lakeside Park, and the Lake Erie waterfront, with a direct route to Windsor. This is a rock-solid building and is sure to offer investors both growth and stability for years to come! Call today for details and to view.
Amenities
- Available
- Public Transit
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.