Commercial Real Estate in Deep River available for sale
1

Multifamily Property for Sale near Deep River

The max can't be less than the min

Apartment Buildings for Sale Within of Deep River

More details for 27 Tamarack St, Deep River, ON - Multifamily for Sale

27 Tamarack St

Deep River, ON K0J 1P0

  • Multifamily for Sale
  • $5,799,000 CAD
  • 48,681 SF

Deep River Multifamily for Sale - Northeast Ontario

This well-maintained, fully condominiumized building features a highly desirable mix of 13 two-bedroom and 10 three-bedroom units, each offering spacious layouts that appeal to families and quality tenants. All units have been nicely renovated and maintained, with modern kitchens, stainless steel appliances, contemporary bathrooms, and in-suite washer and dryer facilities — a key amenity that enhances tenant convenience and strengthens the building’s market position. The property also offers ample outdoor surface parking, meeting the needs of residents in this suburban setting. As part of Renfrew Standard Condominium Corporation #13, 27 Tamarack Street provides purchasers with the unique flexibility to sell units individually over time or continue to operate the building as a traditional rental apartment. The property is currently governed by a self-managed maintenance agreement with the condominium board, allowing the owner to directly control day-to-day maintenance and core operating costs. Offering a projected Year 1 NOI of $337,074, this asset is available at a compelling 5.62% cap rate, presenting investors with immediate cash flow and long-term stability in a market characterized by low vacancy and limited rental supply. Strategically located within close proximity to schools, parks, shopping, and healthcare facilities, 27 Tamarack Street is well-positioned to benefit from sustained tenant demand and minimal competition. This is an ideal acquisition for investors seeking scale, strong in-place income, and optionally in a quiet, high quality community.

Contact:

Colliers

Property Subtype:

Apartment

Date on Market:

2025-06-10
Hide
See More
LoopNet Canada Ontario Multifamily Properties For Sale in Deep River, ON, Canada

Learn More About Investing in Multifamily Properties

More Articles
Understanding Cap Rates in Commercial Real Estate
Understanding Cap Rates in Commercial Real Estate
Calculating and Interpreting Cap Rates for Canadian Investors
Types of Commercial Leases: From Gross to Triple Net
Types of Commercial Leases: From Gross to Triple Net
Understanding the Different Lease Structures for Your Business Space
Commercial Real Estate Investing: Your Path to Market Success
Commercial Real Estate Investing: Your Path to Market Success
Your guide to starting and thriving in Canadian commercial property investments
Apartment Building Investment: A Strategic Market Overview
Apartment Building Investment: A Strategic Market Overview
Essential Insights and Practical Strategies for Building Your Multi-Family Portfolio
How to Rent an Office for Your Business in Canada
How to Rent an Office for Your Business in Canada
Learn About the Costs, Types of Office Spaces, and Key Considerations for Leasing the Ideal Commercial Space
Understanding Common Area Maintenance (CAM) Charges
Understanding Common Area Maintenance (CAM) Charges
Grasping Common Area Maintenance (CAM) Fees for Better Commercial Real Estate Decisions
How to Buy Land: From Raw to Ready for Development
How to Buy Land: From Raw to Ready for Development
Understanding Land Types and Purchase Requirements for Property Investment
REIT Investment Strategies: Building Real Estate Wealth
REIT Investment Strategies: Building Real Estate Wealth
Understanding Investment Trusts and Creating Your Portfolio Strategy

Multifamily Properties for Sale in Deep River

View All Available Listings
How many multifamily properties are available for sale in Deep River?
There are currently 1 multifamily properties available for sale in Deep River, offering a unique opportunity for businesses to establish a presence.
How big are the multifamily properties available for sale in Deep River?
The average size of multifamily properties available for sale in Deep River is about 48,681 SF. The largest multifamily properties available to buy is 48,681 SF and the smallest is 48,681 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.
What's the cap rate for multifamily properties in Deep River?
The average market cap rate for multifamily properties for sale is about 5.81% based on data provided in Deep River. Learn more about how cap rates are calculated.
Nearby Cities
Other Property Types