Great opportunity for Investment. Purchase a 12 Unit Apartment Building. The property currently has approximately 2 Acres of Land of which the owner is in the process of zoning and severing. The building can be purchased with or without the extra acre + of land. Price is based on 5.3% cap rate on CMHC income and expense standards. Common area water & sewer $5,176/yr and Hydro $1,472./yr. Tenant pays utilities. Common are payable by Owner. (40560246)
Entrance Dr & Alexandra St
Property Type
Multi-family
Building Type
Multi-Family
Annual Property Taxes
$16,154 (CAD)
Time on REALTOR.ca
30 days
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