2 Acres
None
Baseboard Heaters
Acreage
$3,360,000
Great opportunity for Investment. Purchase a 12 Unit Apartment Building. The property currently has approximately 2 Acres of Land, included, of which the owner is in the process of zoning and severing for a proposed 14 unit Apartment Building. The building can be purchased with or without the extra acre + of land. Price is based on 5.5% cap rate on CMHC income and expense standards. Common area water & sewer $5,331/yr and Hydro $1,516/yr. Tenant pays utilities. Common are payable by Owner. (id:56991)
Business
|
BusinessType
|
Residential |
|
BusinessSubType
|
Apartments |
Property Details
|
MLS® Number
|
X12636902 |
|
Property Type
|
Multi-family |
|
Community Name
|
Macaulay |
Building
|
CoolingType
|
None |
|
FireplacePresent
|
No |
|
HeatingType
|
Baseboard Heaters |
|
SizeInterior
|
2 Acres |
|
Type
|
Multi-family |
|
UtilityWater
|
Municipal Water |
Land
|
Acreage
|
Yes |
|
SizeIrregular
|
2.023 |
|
SizeTotal
|
2.023 Ac |
|
SizeTotalText
|
2.023 Ac |
|
ZoningDescription
|
R4, Ep1 |