$105K/unit at a 7.8% cap rate on a massive 38,353 sq. ft. lot. Features include 25 on-site parking spots and shared laundry facilities. Built with Concrete/block construction with a pitched steel roof for long-term durability. Located steps from Lake Simcoe and just a 5-minute drive to Hwy 11 and Costco. Strong upside on rent roll in a supply-constrained rental market. Legal non conforming building. (40893576)
Property Type
Multi-family
Building Type
Multi-Family
Land Size
216.15 x 178.6 FT
Annual Property Taxes
$29,990 (CAD)
Time on REALTOR.ca
20 days
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