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Investment Highlights
- Rare Turnkey - VACANT - Coastal Offering
- Prime Coastal Location - Block and a Half to the Beach
- Three 1/1's and One 2/1 plus Four Detached Garages - ADU Potential
- Upgraded Units - New Flooring, Kitchens and Baths
- To be Delivered 100% Vacant - Immediate Lease Up at Market Rents or STVR
Executive Summary
Upgraded units and the property to be delivered 100% vacant. We are pleased to present the Brighton Avenue Apartments, located just a block and a half from the beach. The property includes three 1-bedroom/1-bath units, one 2-bedroom/1-bath unit, and four detached garages. The 6,904-square-foot lot offers 2,332 square feet of rentable space and is zoned R-4.
All units have been updated, which includes new flooring, updated kitchens and baths, allowing for immediate lease-up at market rents without tenant displacement.
The property may be delivered 100% vacant, providing flexibility for long-term rentals or short-term rentals. Detached garages offer additional upside through potential ADU conversion.
All units have been updated, which includes new flooring, updated kitchens and baths, allowing for immediate lease-up at market rents without tenant displacement.
The property may be delivered 100% vacant, providing flexibility for long-term rentals or short-term rentals. Detached garages offer additional upside through potential ADU conversion.
Property Facts
| Price | $2,953,181 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $738,295 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| No. Units | 4 | Building Size | 2,332 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built/Renovated | 1948/2026 |
| Zoning | RM-2-4 | ||
| Price | $2,953,181 CAD |
| Price Per Unit | $738,295 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 2,332 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1948/2026 |
| Zoning | RM-2-4 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | 550 |
| 2+1 | 1 | - | 680 |
1 1
Walk Score®
Very Walkable (87)
Bike Score®
Very Bikeable (89)
Property Taxes
| Parcel Number | 448-102-21 | Improvements Assessment | $341,392 CAD |
| Land Assessment | $2,219,047 CAD | Total Assessment | $2,560,439 CAD |
Property Taxes
Parcel Number
448-102-21
Land Assessment
$2,219,047 CAD
Improvements Assessment
$341,392 CAD
Total Assessment
$2,560,439 CAD
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5025 Brighton Ave
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