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Investment Highlights
- Views to Lake Erie
- 11 units, long term and short-term rentals.
- Located on Strip within walking distance to most bars and restaurants near by
Property Facts
| Price | $2,780,401 CAD | Lot Size | 0.64 AC |
| Price Per Unit | $252,764 CAD | Building Size | 12,674 SF |
| Sale Type | Investment | Average Occupancy | 55% |
| No. Units | 11 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1998 |
| Property Subtype | Apartment | ||
| Zoning | C - Commercial | ||
| Price | $2,780,401 CAD |
| Price Per Unit | $252,764 CAD |
| Sale Type | Investment |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Lot Size | 0.64 AC |
| Building Size | 12,674 SF |
| Average Occupancy | 55% |
| No. Stories | 3 |
| Year Built | 1998 |
| Zoning | C - Commercial |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- Vaulted Ceiling
- Refrigerator
- Stainless Steel Appliances
- Range
- Views
- Dining Room
- Double Pane Windows
- Vinyl Flooring
- Large Bedrooms
Site Amenities
- Waterfront
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 12 | - | 600 - 1,000 |
1 1
Not walkable
10/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $272,952 CAD | |
| Land Assessment | $68,693 CAD | Total Assessment | $341,645 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$68,693 CAD
Improvements Assessment
$272,952 CAD
Total Assessment
$341,645 CAD
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5214 Old Lake Rd
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