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Investment Highlights
- Currently has tenants. Signed leases end in April 2026.
Executive Summary
Great RPI student rental property with additional retail space and 5 garages. The net operating income as ofApril 2026 is $37,482. Property is
in excellent condition, with H.W. floors throughout. Kitchen totally updated with new appliances. Off street parking, a great investment property. Contact the listing agent for details and showings.
in excellent condition, with H.W. floors throughout. Kitchen totally updated with new appliances. Off street parking, a great investment property. Contact the listing agent for details and showings.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$61,394
|
$50.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$61,394
|
$50.99
|
| Taxes |
$8,384
|
$6.96
|
| Operating Expenses |
$1,644
|
$1.37
|
| Total Expenses |
$10,029
|
$8.33
|
| Net Operating Income |
$51,366
|
$42.66
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $61,394 |
| Annual Per SF | $50.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $61,394 |
| Annual Per SF | $50.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $8,384 |
| Annual Per SF | $6.96 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $1,644 |
| Annual Per SF | $1.37 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $10,029 |
| Annual Per SF | $8.33 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $51,366 |
| Annual Per SF | $42.66 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
1,804 SF
Building Class
B
Year Built/Renovated
1900/2010
Price
$484,783 CAD
Price Per SF
$268.73 CAD
Cap Rate
10.60%
NOI
$51,366 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.38
Lot Size
0.11 AC
Zoning
CON
Parking
2 Spaces (1.11 Spaces per 1,000 SF Leased)
Frontage
15’ on 15th St
Amenities
- Bus Line
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Sue's Cut & Style
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Sue's Cut & Style | Services | - | - | - |
Moderately walkable
60/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1700-101.40-1-6 | Total Assessment | $152,116 CAD |
| Land Assessment | $15,075 CAD | Annual Taxes | $8,384 CAD ($4.65 CAD/SF) |
| Improvements Assessment | $137,041 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
1700-101.40-1-6
Land Assessment
$15,075 CAD
Improvements Assessment
$137,041 CAD
Total Assessment
$152,116 CAD
Annual Taxes
$8,384 CAD ($4.65 CAD/SF)
Tax Year
2025
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2303 15th St
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