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EXECUTIVE SUMMARY
Great new price for this 5 unit brick apartment building brought in $3,290/month when fully occupied! 4/5 units occupied. All water heaters are 2021, New PEX plumbing, and updated windows! Tenants pay for their own electric, water, and trash. New individual water meters! All electrical mechanicals, no gas in building. Tenants are responsible for their own appliances, so there is no maintenance for the owner. Located right next to downtown hospitals, universities, and much more! Back on market because buyer could not secure financing.
PROPERTY FACTS
| Price | $372,057 CAD | Building Class | C |
| Price Per Unit | $74,411 CAD | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 3,490 SF |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1945 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise |
| Price | $372,057 CAD |
| Price Per Unit | $74,411 CAD |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 3,490 SF |
| No. Stories | 2 |
| Year Built | 1945 |
| Opportunity Zone |
Yes |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 5 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | R72-06710-0024 | Improvements Assessment | $23,750 CAD |
| Land Assessment | $15,292 CAD | Total Assessment | $39,042 CAD |
PROPERTY TAXES
Parcel Number
R72-06710-0024
Land Assessment
$15,292 CAD
Improvements Assessment
$23,750 CAD
Total Assessment
$39,042 CAD
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940 Old Orchard Ave
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