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2395 Homelands Dr 54 Unit Apartment Building For Sale Mississauga, ON L5K 1H3



Investment Highlights
- Family owned and operated apartment building
- 47% rental upside upon tenant turnover
- 78% 2 & 3 bedrooms units; large 3-bedroom units include 1.5 bathrooms
Executive Summary
The Avison Young Multi-Residential Group is pleased to market for sale 2395Homelands Drive, Mississauga (the “Property”), a five-storey, 54-unit apartment building. Located in the Sheridan Park neighbourhood, the Property is a short drive to many amenities including big-box retail plazas, parks and shopping malls.
Property Facts
| Sale Type | Investment | Lot Size | 1.52 AC |
| No. Units | 54 | Building Size | 10,000 SF |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built | 1969 |
| Apartment Style | Mid-Rise | Parking Ratio | 7.8/1,000 SF |
| Building Class | B |
| Sale Type | Investment |
| No. Units | 54 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 1.52 AC |
| Building Size | 10,000 SF |
| No. Stories | 5 |
| Year Built | 1969 |
| Parking Ratio | 7.8/1,000 SF |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 54 | - | 875 |
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100
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2395 Homelands Dr
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