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3 Elora St 6 Unit Apartment Building $950,000 CAD ($158,333 CAD/Unit) 7.58% Cap Rate Clifford, ON N0G 1M0
Investment Highlights
- The surrounding area is characterized by low-density residential and community-oriented development.
- The location provides access to local services and regional road networks while maintaining a small-town atmosphere.
Executive Summary
Wonderful investment opportunity 6-units mixed use building Two Commercial and Four Residential in excellent condition. Located in the great community of Minto. Five units renovated and bringing solid income flow with potential to add more revenue by renting one of the commercial units currently vacant. Furnace 2024, Air exchanger 2024. Plenty of parking at the back of the building. Two stairwells one at the front the other at the back providing easy and convenient access to the units. Backing onto a playground.
Property Facts
| Price | $950,000 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $158,333 CAD | Building Class | C |
| Sale Type | Investment | Building Size | 9,000 SF |
| Cap Rate | 7.58% | Average Occupancy | 98% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1953 |
| Property Subtype | Apartment | ||
| Zoning | C1 | ||
| Price | $950,000 CAD |
| Price Per Unit | $158,333 CAD |
| Sale Type | Investment |
| Cap Rate | 7.58% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | 9,000 SF |
| Average Occupancy | 98% |
| No. Stories | 2 |
| Year Built | 1953 |
| Zoning | C1 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
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3 Elora St
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