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Investment Highlights

  • Great Location & Easy to Rent
  • Off Street Parking
  • Most units are Updated with appliances

Executive Summary

65 & 69 Ashland Ave comprise two adjacent multifamily buildings with a total of 22 residential units—10 studios and 12 one-bedrooms. Located in a proven rental market with strong, consistent demand and full access to Elmwood's vibrant amenities, these properties immerse you in Buffalo's best. The site features a detached garage plus ample off-street parking in the rear. All utilities are included in rents. This turnkey, cash-flowing asset offers scale efficiency and substantial value-add upside through market-rate rent alignment and ongoing growth. Units boast modern updates, including appliances, and they rent effortlessly thanks to prime location and versatile sizing.

Financial Summary (Actual - 2026) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $2,384,083 CAD
Price Per Unit $108,367 CAD
Sale Type Investment
Cap Rate 7.53%
No. Units 22
Property Type
Multifamily
  • Multifamily Apartments
Building Size 9,043 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1920/2025
Parking Ratio 0.88/1,000 SF

Amenities

  • Smoke Detector

Unit Amenities

  • Cable Ready

Site Amenities

  • Laundry Facilities
  • Trash Pickup - Curbside
Very walkable
80/100
Moderately drivable
60/100
Some public transit
40/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
140200-100-530-0003-002-000
Land Assessment
$252,422 CAD (2025)
Improvements Assessment
$505,552 CAD (2025)
Total Assessment
$757,974 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
  • Listing ID: 40231355

  • Date on Market: 2026-04-21

  • Last Updated:

  • Address: 65 Ashland Ave, Buffalo, NY 14222

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