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1450 Virginia Ave 4 Unit Apartment Building $1,814,696 CAD ($453,674 CAD/Unit) 3.47% Cap Rate Ontario, CA 91764

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INVESTMENT HIGHLIGHTS

  • convenient location
  • separate electrical and gas meters
  • in unit laundry hookup

EXECUTIVE SUMMARY

Tenant occupied and all tenants are paying on time. Hallway and stairway maintenance were done in 2024. Drive by only, please do not disturb tenants. Offers subject to visual inspection. 3 minutes from Fwy 10, 10 minutes from Ontario Mall and Ontario International Airport.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $1,814,696 CAD
Price Per Unit $453,674 CAD
Sale Type Investment
Cap Rate 3.47%
Gross Rent Multiplier 18
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.21 AC
Building Size 4,010 SF
Average Occupancy 90%
No. Stories 2
Year Built 1978
Parking Ratio 1.3/1,000 SF
Zoning R3, Ontario - restricted Density Multiple Dwelling

AMENITIES

SITE AMENITIES

  • Fenced Lot
  • Playground
  • Tenant Controlled HVAC
  • Gated

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 4 $1,954 CAD 960

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1047-433-10
Land Assessment
$376,464 CAD (2025)
Improvements Assessment
$735,820 CAD (2025)
Total Assessment
$1,112,284 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 35862539

  • Date on Market: 2025-05-09

  • Last Updated:

  • Address: 1450 Virginia Ave, Ontario, CA 91764

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