February 28, 2025 – CFRealty

FOR SALE - This investment comprise two side by side walk up concrete rental buildings dating from the 1950's.  There are a total of 27 suites generous in size with a good portion of them renovated.  Heating is electric and currently that Seller pays heating and the potential exists to sub meter hydro.  Each units also has supplementary gas heats and most tenants pay their own gas.  There is potential for additional floor.  Low rate financing is in place until 2031.  Asking a 5% cap rate or $200,000 per suite.

Jake Ringwald

Salesperson
(416)996-7713

jringwald@cfrealty.ca

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