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Main Street Apartments 143 Main St S 78 Unit Apartment Building $5,750,000 CAD ($73,718 CAD/Unit) Brampton, ON L6Y 1N4
Investment Highlights
- Positioned in a high-demand rental market with exceptionally low vacancy trends
- Excellent proximity to regional highways, bridges, shopping districts, and essential services
- Frontage on two roadways providing versatile design and access options
- Located near major employment zones contributing to strong renter demand
Executive Summary
On behalf of the owner, Avison Young is pleased to offer for sale this Main Street
Development opportunity, a 27,170 sf site located in Dartmouth, Nova Scotia.
The property comprises four parcels creating a rectangular lot with frontage on Main
Street and Lakecrest Drive, and is approved by a recent Municipal Planning Strategy
amendment for up to 205,800 sf of gross buildable area on the site.
The feasibility study [see PDF in document portal] outlines a potential development plan
for the site that would create approximately +/- 230 units with one level of
underground parking, along with a site plan and building massing.
Development opportunity, a 27,170 sf site located in Dartmouth, Nova Scotia.
The property comprises four parcels creating a rectangular lot with frontage on Main
Street and Lakecrest Drive, and is approved by a recent Municipal Planning Strategy
amendment for up to 205,800 sf of gross buildable area on the site.
The feasibility study [see PDF in document portal] outlines a potential development plan
for the site that would create approximately +/- 230 units with one level of
underground parking, along with a site plan and building massing.
Property Facts
| Price | $5,750,000 CAD | Building Class | B |
| Price Per Unit | $73,718 CAD | Lot Size | 1.35 AC |
| Sale Type | Investment | Building Size | 85,981 SF |
| No. Units | 78 | No. Stories | 7 |
| Property Type | Multifamily | Year Built | 1964 |
| Property Subtype | Apartment | Parking Ratio | 0.93/1,000 SF |
| Apartment Style | Mid-Rise | ||
| Zoning | RA | ||
| Price | $5,750,000 CAD |
| Price Per Unit | $73,718 CAD |
| Sale Type | Investment |
| No. Units | 78 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 1.35 AC |
| Building Size | 85,981 SF |
| No. Stories | 7 |
| Year Built | 1964 |
| Parking Ratio | 0.93/1,000 SF |
| Zoning | RA |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Washer/Dryer
- Heating
- Crown Molding
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Patio
- Vinyl Flooring
- Quartz Countertops
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Smoke Free
- Storage Space
- Elevator
- Key Fob Entry
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 41 | - | 450 |
| 1+1 | 17 | - | 512 |
| 2+1 | 20 | - | 750 |
Walk Score®
Very Walkable (79)
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Main Street Apartments | 143 Main St S
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