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Investment Highlights

  • Corner property

Executive Summary

This is a unique opportunity to purchase a multifamily building with 7 residential units and 1 commercial unit.

Financial Summary (Actual - 2026)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $300,245 $41.25
Other Income - -
Vacancy Loss $9,007 $1.24
Effective Gross Income $291,238 $40.01
Taxes $48,305 $6.64
Operating Expenses $60,779 $8.35
Total Expenses $109,084 $14.99
Net Operating Income $182,154 $25.02

Financial Summary (Actual - 2026)

Gross Rental Income (CAD)
Annual $300,245
Annual Per SF $41.25
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual $9,007
Annual Per SF $1.24
Effective Gross Income (CAD)
Annual $291,238
Annual Per SF $40.01
Taxes (CAD)
Annual $48,305
Annual Per SF $6.64
Operating Expenses (CAD)
Annual $60,779
Annual Per SF $8.35
Total Expenses (CAD)
Annual $109,084
Annual Per SF $14.99
Net Operating Income (CAD)
Annual $182,154
Annual Per SF $25.02

Property Facts

Price $3,182,027 CAD
Price Per Unit $397,753 CAD
Sale Type Investment
Cap Rate 5.72%
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.06 AC
Building Size 7,279 SF
Average Occupancy 100%
No. Stories 4
Year Built 1931
Zoning R6B/C1-3

Amenities

Unit Amenities

  • Heating
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Tub/Shower
  • Freezer
  • Instant Hot Water

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • On-Site Retail
  • Smoke Free
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 1 - -
3+1.5 6 - -
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
90/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Number
00901-0042
Land Assessment
$7,850 CAD
Improvements Assessment
$381,543 CAD
Total Assessment
$389,393 CAD
Annual Taxes
$48,305 CAD ($6.64 CAD/SF)
Tax Year
2026
  • Listing ID: 36541839

  • Date on Market: 2025-06-30

  • Last Updated:

  • Address: 26-04 18th St, Astoria, NY 11102

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