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Investment Highlights

  • Open Floor Plan
  • Attached 2 Car Garages for each unit
  • In Unit Laundry
  • 2 Master Bedrooms each with ensuite bathrooms

Executive Summary

This property features four spacious 2-bed / 2.5-bath units with 1,100sq/ft of upscale living space. All open floor plan units feature kitchens with granite counter tops & stainless appliances, two master bedrooms with ensuite bathrooms and walk-in closets, convenient in-unit laundry, and a guest half bath on the main level. This property also features, two car garages along with off-street parking for each unit.
Financials:
Total Expenses $22,950.00
*Insurance $4,268.00
*Landscaping $1,800.00
*Utilities $4,282.00
*Taxes $12,600.00
Total Gross Rents $82,608.00

Financial Summary (Pro Forma - 2026)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $112,649 $25.60
Other Income - -
Vacancy Loss - -
Effective Gross Income $112,649 $25.60
Taxes $17,182 $3.91
Operating Expenses $14,114 $3.21
Total Expenses $31,296 $7.11
Net Operating Income $81,353 $18.49

Financial Summary (Pro Forma - 2026)

Gross Rental Income (CAD)
Annual $112,649
Annual Per SF $25.60
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $112,649
Annual Per SF $25.60
Taxes (CAD)
Annual $17,182
Annual Per SF $3.91
Operating Expenses (CAD)
Annual $14,114
Annual Per SF $3.21
Total Expenses (CAD)
Annual $31,296
Annual Per SF $7.11
Net Operating Income (CAD)
Annual $81,353
Annual Per SF $18.49

Property Facts

Price $1,431,843 CAD
Price Per Unit $357,961 CAD
Sale Type Investment
Cap Rate 5.68%
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.38 AC
Building Size 4,400 SF
Average Occupancy 100%
No. Stories 2
Year Built 2013
Zoning RM-10 - Residential Multifamily

Amenities

Unit Amenities

  • Washer/Dryer
  • Granite Countertops
  • Stainless Steel Appliances
  • Walk-In Closets
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
20/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
071-370-015-000
Land Assessment
$59,941 CAD (2025)
Improvements Assessment
$629,708 CAD (2025)
Total Assessment
$689,649 CAD (2025)
Annual Taxes
$17,182 CAD ($3.91 CAD/SF)
Tax Year
2026
  • Listing ID: 40419611

  • Date on Market: 2026-05-06

  • Last Updated:

  • Address: 1011 Burton Dr, Redding, CA 96003

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