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Executive Summary
Excellent Multi-Unit Income Property in a Quiet Residential Area!
This well-maintained 5-unit property consists of two buildings, offering great potential for investors. The front building features four spacious 2-bedroom, 1-bathroom units, all currently occupied by long-term tenants paying rent well below market value, providing ample opportunity for rental income growth.
The back building is a cozy 1-bedroom, 1-bathroom house with its own private entrance, adding versatility to the property. Additionally, the property includes 5 parking spaces for tenant convenience.
Please note: Do not walk on the property or disturb tenants. Serious buyers only. This property is located in an HPOZ (Historic Preservation Overlay Zone)
This well-maintained 5-unit property consists of two buildings, offering great potential for investors. The front building features four spacious 2-bedroom, 1-bathroom units, all currently occupied by long-term tenants paying rent well below market value, providing ample opportunity for rental income growth.
The back building is a cozy 1-bedroom, 1-bathroom house with its own private entrance, adding versatility to the property. Additionally, the property includes 5 parking spaces for tenant convenience.
Please note: Do not walk on the property or disturb tenants. Serious buyers only. This property is located in an HPOZ (Historic Preservation Overlay Zone)
Property Facts
| Price | $1,449,693 CAD | Building Class | C |
| Price Per Unit | $289,939 CAD | Lot Size | 0.11 AC |
| Sale Type | Investment | Building Size | 4,841 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1921 |
| Apartment Style | Low-Rise | Parking Ratio | 1.03/1,000 SF |
| Zoning | LAR2 - Two-Family Residence / HPOZ | ||
| Price | $1,449,693 CAD |
| Price Per Unit | $289,939 CAD |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 4,841 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1921 |
| Parking Ratio | 1.03/1,000 SF |
| Zoning | LAR2 - Two-Family Residence / HPOZ |
Amenities
Unit Amenities
- Heating
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $1,492 CAD | - |
| 2+1 | 4 | $5,494 CAD | - |
1 1
Very walkable
80/100
Very drivable
80/100
Strong public transit
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5075-012-003 | Improvements Assessment | $253,399 CAD |
| Land Assessment | $1,431,052 CAD | Total Assessment | $1,684,451 CAD |
Property Taxes
Parcel Number
5075-012-003
Land Assessment
$1,431,052 CAD
Improvements Assessment
$253,399 CAD
Total Assessment
$1,684,451 CAD
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2752 W 15th St
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