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Parkland Apartments 1050 Highland St 18 Unit Apartment Building $5,795,000 CAD ($321,944 CAD/Unit) 5% Cap Rate Burlington, ON L7R 3T9
Financial Summary (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
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| Other Income |
-
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-
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| Vacancy Loss |
-
|
-
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| Effective Gross Income |
-
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-
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| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $5,795,000 CAD | Building Class | C |
| Price Per Unit | $321,944 CAD | Lot Size | 0.94 AC |
| Sale Type | Investment | Building Size | 14,000 SF |
| Cap Rate | 5% | Average Occupancy | 83% |
| No. Units | 18 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1955 |
| Property Subtype | Apartment | Parking Ratio | 1.5/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RH1 | ||
| Price | $5,795,000 CAD |
| Price Per Unit | $321,944 CAD |
| Sale Type | Investment |
| Cap Rate | 5% |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.94 AC |
| Building Size | 14,000 SF |
| Average Occupancy | 83% |
| No. Stories | 3 |
| Year Built | 1955 |
| Parking Ratio | 1.5/1,000 SF |
| Zoning | RH1 |
Amenities
Unit Amenities
- Cable Ready
- Dishwasher
- Microwave
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Window Coverings
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Property Manager on Site
- Tenant Controlled HVAC
- Walking/Biking Trails
- Bicycle Storage
- Online Services
- Public Transportation
- Key Fob Entry
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | $2,000 CAD | 562 |
| 2+1 | 15 | $2,350 CAD | 850 |
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Photos
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Parkland Apartments | 1050 Highland St
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