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Executive Summary
This 5-unit, 2-story multifamily property was built in 1966 and sits on a 6,970 SF lot (0.16 acres). The building contains 8,936 net rentable square feet and offers a unit mix consisting of four 2-bedroom/2-bathroom units and one 1-bedroom/1-bathroom unit, with spacious units averaging approximately 1,787 square feet each. The property is currently 100% occupied, demonstrating strong tenant retention and consistent rental income. The property has maintained its original 1966 construction without any major renovations.
Data Room Click Here to Access
- Offering Memorandum
Property Facts Under Contract
| Price | $3,058,594 CAD | Building Class | C |
| Price Per Unit | $611,719 CAD | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 8,934 SF |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1966 |
| Property Subtype | Apartment | Parking Ratio | 0.56/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | LAR3 | ||
| Price | $3,058,594 CAD |
| Price Per Unit | $611,719 CAD |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 8,934 SF |
| No. Stories | 2 |
| Year Built | 1966 |
| Parking Ratio | 0.56/1,000 SF |
| Zoning | LAR3 |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+2 | 4 | - | - |
1 1
Very walkable
80/100
Moderately drivable
70/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 4317-003-023 | Improvements Assessment | $246,459 CAD |
| Land Assessment | $161,147 CAD | Total Assessment | $407,606 CAD |
Property Taxes
Parcel Number
4317-003-023
Land Assessment
$161,147 CAD
Improvements Assessment
$246,459 CAD
Total Assessment
$407,606 CAD
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1834 Thayer Ave
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