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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 |
$65,634
|
$14.59
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$65,634
|
$14.59
|
| Taxes |
$14,858
|
$3.30
|
| Operating Expenses |
$1,639
|
$0.36
|
| Total Expenses |
$16,497
|
$3.67
|
| Net Operating Income |
$49,136
|
$10.92
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $65,634 |
| Annual Per SF | $14.59 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $65,634 |
| Annual Per SF | $14.59 |
| Taxes (CAD) | |
|---|---|
| Annual | $14,858 |
| Annual Per SF | $3.30 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $1,639 |
| Annual Per SF | $0.36 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $16,497 |
| Annual Per SF | $3.67 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $49,136 |
| Annual Per SF | $10.92 |
Property Facts
| Price | $751,113 CAD | Lot Size | 1.69 AC |
| Price Per Unit | $187,778 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 | $751,113 CAD |
| Price Per Unit | $187,778 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 | $1,222 CAD | 696 - 850 |
| 2+1 | 6 | $1,502 CAD | 766 - 1,960 |
| 4+1 | 3 | $1,243 CAD | 850 |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
20/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 53-08-08-403-001.000-009 | Total Assessment | $221,721 CAD (2025) |
| Land Assessment | $105,727 CAD (2025) | Annual Taxes | $14,858 CAD ($3.13 CAD/SF) |
| Improvements Assessment | $115,994 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
53-08-08-403-001.000-009
Land Assessment
$105,727 CAD (2025)
Improvements Assessment
$115,994 CAD (2025)
Total Assessment
$221,721 CAD (2025)
Annual Taxes
$14,858 CAD ($3.13 CAD/SF)
Tax Year
2026
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1016 W Country Club Dr
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