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Investment Highlights
- Sold by Court Appointed Receiver
- Online Auction Only
Executive Summary
Court Appointed Receiver Sale. 2535-2537 Lysle Ave, a Nine-unit multifamily property located on a cul-de-sac in a mostly residential neighborhood. The brick building consists of 9 2-bedroom units, five of which are currently occupied, providing in-place rental income and upside potential through lease-up and rent increases. The property is located near public transportation, neighborhood retail, and major employment corridors, supporting long-term rental demand.
Bidder Registration
All prospective bidders must be pre-approved to bid.
Prospective bidders seeking approval must submit the following items no later than February 9, 2026:
Click Sign Up, and create an account
Request Authorization and e-sign the Purchase and Sale Agreement
Submit a $15,000 participation deposit (email kurt@prodigyprop.com to request wiring instructions after requesting authorization and e-signing the Purchase and Sale Agreement)
Once the Purchase and Sale Agreement has been signed and the $15,000 participation deposit has been wired, your account will be reviewed, unlocked, and you will be approved to begin bidding.
Auction Date / Times
Auction Starts: Live Now
Auction Ends: February 10 @ 1pm ET
Sale Terms
A 10% (ten percent) buyer's premium will be added to the highest acceptable bid to determine the final purchase price
As-Is, Where-Is
Sold free and clear of all liens
Taxes are prorated to the day of closing
Receiver will convey insurable title
Financing contingencies are not permitted
Due diligence contingencies are not permitted
Subject to court approval
Winning bidder must wire a ten percent (10%) deposit to escrow holder by 11am ET February 11, 2026
Photos, marketing comments, and due diligence items are provided for guidance purposes only. All information provided is believed to be true, but cannot be guaranteed or warranted. It is up to the bidder to verify due diligence reports and any / all code violations prior to bidding, to the extent any exist. BY BIDDING ON THIS PROPERTY, THE BIDDER REPRESENTS THEY HAVE INDEPENDENTLY VERIFIED ALL INFORMATION AND HAVE MADE THE DECISION TO BID BASED UPON THEIR OWN INVESTIGATION.
Property Information and Showings
Unrepresented buyers, please contact Kurt at kurt@prodigyprop.com with questions or to schedule a tour.
Receiver may, in its sole discretion, accept or reject any offer or bid, for any reason, at any time, without notice
Bidder Registration
All prospective bidders must be pre-approved to bid.
Prospective bidders seeking approval must submit the following items no later than February 9, 2026:
Click Sign Up, and create an account
Request Authorization and e-sign the Purchase and Sale Agreement
Submit a $15,000 participation deposit (email kurt@prodigyprop.com to request wiring instructions after requesting authorization and e-signing the Purchase and Sale Agreement)
Once the Purchase and Sale Agreement has been signed and the $15,000 participation deposit has been wired, your account will be reviewed, unlocked, and you will be approved to begin bidding.
Auction Date / Times
Auction Starts: Live Now
Auction Ends: February 10 @ 1pm ET
Sale Terms
A 10% (ten percent) buyer's premium will be added to the highest acceptable bid to determine the final purchase price
As-Is, Where-Is
Sold free and clear of all liens
Taxes are prorated to the day of closing
Receiver will convey insurable title
Financing contingencies are not permitted
Due diligence contingencies are not permitted
Subject to court approval
Winning bidder must wire a ten percent (10%) deposit to escrow holder by 11am ET February 11, 2026
Photos, marketing comments, and due diligence items are provided for guidance purposes only. All information provided is believed to be true, but cannot be guaranteed or warranted. It is up to the bidder to verify due diligence reports and any / all code violations prior to bidding, to the extent any exist. BY BIDDING ON THIS PROPERTY, THE BIDDER REPRESENTS THEY HAVE INDEPENDENTLY VERIFIED ALL INFORMATION AND HAVE MADE THE DECISION TO BID BASED UPON THEIR OWN INVESTIGATION.
Property Information and Showings
Unrepresented buyers, please contact Kurt at kurt@prodigyprop.com with questions or to schedule a tour.
Receiver may, in its sole discretion, accept or reject any offer or bid, for any reason, at any time, without notice
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Tub/Shower
- Smoke Free
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 9 | - | - |
1 1
Property Taxes
| Parcel Number | 120-0002-0120 | Improvements Assessment | $119,104 CAD |
| Land Assessment | $50,565 CAD | Total Assessment | $169,668 CAD |
Property Taxes
Parcel Number
120-0002-0120
Land Assessment
$50,565 CAD
Improvements Assessment
$119,104 CAD
Total Assessment
$169,668 CAD
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2535-2537 Lysle Rd
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