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15 Colby Ct 4 Unit Apartment Building $2,431,100 CAD ($607,775 CAD/Unit) New Haven, CT 06515



Executive Summary
New construction four-unit townhome asset totaling approximately 10,000 gross square feet, offered as a single multi-family property. The owner is a reputable local builder and is seeking a market-value sale to a landlord owner or investor. A condominium association has not been created. Property will transfer as one asset. A future condo conversion remains an optional upside strategy, but is not required for ownership or operation - offering flexible exit options. The building consists of four modern townhome units, each approximately 2,500 SF, configured as 4 bedrooms and 3.1 bathrooms. Every unit includes a private one-car garage, private deck, and high-end interior finishes designed for durability and long-term rental performance. All units are separately metered, supporting efficient expense allocation and clean operations. Interiors feature hardwood flooring, tile bathrooms, central air conditioning, stainless steel appliances, and in-unit washer and dryer. The property includes three on-site guest parking spaces in addition to garages, as well as a bike rack, enhancing tenant usability and urban appeal. Construction quality is strong throughout, positioning the asset as a low-maintenance long-term hold. Properties of this quality and scale rarely come to market in New Haven. Taxes will be phased in for the first 5 years. 7 Minutes to SCSU, 10 Minutes to Yale, 11 Minutes to UNH. Projected rents $4,250-4,500/month. Comps for individual condo sales support +-$600,000/unit.
Financial Summary (Pro Forma - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$300,067
|
$30.01
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$300,067
|
$30.01
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $300,067 |
| Annual Per SF | $30.01 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $300,067 |
| Annual Per SF | $30.01 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $2,431,100 CAD | Building Class | B |
| Price Per Unit | $607,775 CAD | Lot Size | 0.22 AC |
| Sale Type | Investment | Construction Status | Under Construction |
| No. Units | 4 | Building Size | 10,000 SF |
| Property Type | Multifamily | Average Occupancy | 0% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Townhome | Year Built | 2026 |
| Zoning | R - 4 Unit Multifamily - Attached Townhome Style | ||
| Price | $2,431,100 CAD |
| Price Per Unit | $607,775 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.22 AC |
| Construction Status | Under Construction |
| Building Size | 10,000 SF |
| Average Occupancy | 0% |
| No. Stories | 3 |
| Year Built | 2026 |
| Zoning | R - 4 Unit Multifamily - Attached Townhome Style |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer Hookup
- Heating
- Tile Floors
- Oven
- Stainless Steel Appliances
- Deck
- Island Kitchen
- Large Bedrooms
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Gas Range
- Storage Space
- Bicycle Storage
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+3.5 | 4 | $6,078 CAD | 2,500 |
1 1
Fairly walkable
40/100
Moderately drivable
70/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $563,626 CAD (2025) | |
| Land Assessment | $158,702 CAD (2025) | Total Assessment | $722,328 CAD (2025) |
Property Taxes
Parcel Numbers
Land Assessment
$158,702 CAD (2025)
Improvements Assessment
$563,626 CAD (2025)
Total Assessment
$722,328 CAD (2025)
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15 Colby Ct
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