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

Want more information?
Enter your email:

More Cases
750 Main Street East, Hamilton FOR SALE – This investment comprise two side by side walk up frame rental buildings.  There are a total of 11 suites and two retail uses.  This is a corner site with great exposure and curb appeal.  The residential suites have been updated over time but there still is rental upside here.  The retail uses... Read more →
The DS Portfolio FOR SALE -This is a 7 building real estate investment portfolio in South Western Ontario.  In total there are 59 apartments suites, 2 retail spaces, one user office building and one small development site.  The properties are located in: Stratford, St. Thomas; Burlington; Hamilton; Simcoe; and London.  The buildings are all in good condition and... Read more →
SSM Portfolio FOR SALE -This is a 5 building real estate investment portfolio in Sault Saint Marie Ontario.  In total there are 76 apartments suites and 7 retail spaces.  All buildings are located in and around the downtown core of the City.  The buildings are in a status of transformation and repositioning with over $700,000 spent recently.... Read more →
200 King Street, St. Catharines FOR SALE – This is a wood frame house form building demised with 7 self contained residential apartment suites.  The site is located a short distance from the downtown core in a high demand residential area.  Five of the 7 suites have been totally gutted and renovated with mini split heat pumps, modern kitchens and... Read more →
388 Downie Street, Stratford FOR SALE – development site in prime Stratford Ontario – a premier tourist town for theatre with over 1MM visitors annually.  This corner 0.27 acre site is just south of the 18 acre future master plan Grand Trunk development project.  The three storey building dates from the late 1800’s and was the former Avon Hotel.... Read more →
2346 Dufferin Street – For Sale FOR SALE – $1,700,000 – Great first time investor building with retail on the main floor and two large apartments above.  The site forms part of a contiguous commercial holding with 5 other similar building.  Located at the intersection of Dufferin and Eglinton which is the “Gateway” to this corridor with the LRT station across... Read more →
2449 Yonge Street – For Sale FOR SALE – $8,100,000 – Prime flagship corner building at Yonge and Erskine.  Starbucks is the main floor major anchor with three other commercial uses.  Above grade are office and apartments.  Great street exposure and curb appeal.  Almost $300,000 NOI and the building is always full.  The site forms part of a future high rise... Read more →
12 Batavia Avenue – Toronto FOR SALE – NEW BUILD 5 plex in the west end of Toronto.  Main building with 4 two bedroom suites and one lane way house with 4 bedrooms.  This is the new product that will address the “mushy middle” housing need.  Over 5,000 sf of luxury furnished living.  Built with all eco products and low... Read more →
Niagara Apartment Investment FOR SALE – 70+ suite rental apartment project in prime north St. Catharines.  Mid rise rental property with 70% of the suites renovated to a high quality.  Common areas and lobby have been updated as well. Large suites mostly two bedrooms with balconies.  Hydro sub metered with about 30% of the tenants still not paying... Read more →