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Investment Highlights
- Good rental history
- Garages that could be rented sepretley for storage
- 2 vacant lots included
Executive Summary
1.69 acres with a total of 4 rental units and 4 separate deeds. Deed one is a 1 bedroom, 1 bath home located at 1016 Country Club leasedfor $895 per month until July 22, 2026. This home has an unfinished basement and sits on .42 acres. Deed two is a 1/2 acre vacant lot zoned R2.Deed 3 is a .33 acre vacant lot also zoned R2. Deed 4 is the balance of the property with .44 acres and 3 rental units. There is a 2 bedroom 1 bath at1022A Country Club with a car port which is leased for $950 per month until July 22, 2026. There is also a 2 bedroom 1 bath upstairs apartment leasedfor $1250 per month until July 24, 2026. This was recently remodeled with new paint and flooring and updated dishwasher. Below this apartment is alarge 4 car garage that is shared between this tenant and the tenant in the home. There is also a 4 bedroom 1 bath home with a long term tenant that ison a month to month lease. This unit is very under rented for $910.52 per month. In addition there is a small storage shed and a large 1 car garage/ shedwith loft area. Property being sold as-is. Would make a great investment property or could be demolished and something new built in its place.
Financial Summary (Pro Forma - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$65,217
|
$14.49
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$65,217
|
$14.49
|
| Taxes |
$14,764
|
$3.28
|
| Operating Expenses |
$1,628
|
$0.36
|
| Total Expenses |
$16,393
|
$3.64
|
| Net Operating Income |
$48,825
|
$10.85
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $65,217 |
| Annual Per SF | $14.49 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $65,217 |
| Annual Per SF | $14.49 |
| Taxes (CAD) | |
|---|---|
| Annual | $14,764 |
| Annual Per SF | $3.28 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $1,628 |
| Annual Per SF | $0.36 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $16,393 |
| Annual Per SF | $3.64 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $48,825 |
| Annual Per SF | $10.85 |
Property Facts
| Price | $848,125 CAD | Lot Size | 1.69 AC |
| Price Per Unit | $212,031 CAD | Building Size | 4,750 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1960 |
| Apartment Style | Single-Family Home | Opportunity Zone |
Yes
|
| Zoning | R2 | ||
| Price | $848,125 CAD |
| Price Per Unit | $212,031 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Apartment Style | Single-Family Home |
| Lot Size | 1.69 AC |
| Building Size | 4,750 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1960 |
| Opportunity Zone |
Yes |
| Zoning | R2 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $1,215 CAD | 696 - 850 |
| 2+1 | 2 | $1,289 CAD | 766 |
| 4+1 | 3 | $1,235 CAD | 850 |
| 2+1 | 4 | $1,696 CAD | 1,960 |
1 1
Property Taxes
| Parcel Number | 53-08-08-403-001.000-009 | Total Assessment | $218,455 CAD (2025) |
| Land Assessment | $104,169 CAD (2025) | Annual Taxes | $14,764 CAD ($3.11 CAD/SF) |
| Improvements Assessment | $114,285 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
53-08-08-403-001.000-009
Land Assessment
$104,169 CAD (2025)
Improvements Assessment
$114,285 CAD (2025)
Total Assessment
$218,455 CAD (2025)
Annual Taxes
$14,764 CAD ($3.11 CAD/SF)
Tax Year
2026
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1016 W Country Club Dr
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