Here’s a building with 43 units that would be great for anyone who is looking to renovate and increase the value of your investment. The property is being priced based on it’s current net income and has a huge upside due to the amount of money being spent in operating expenses
This property would be perfect for someone who can decrease the operating expenses and find ways of increasing rent.
This property was originally listed for $3.8M earlier this year but has gone through a massive price drop and is now coming to the market at an amazing cap rate of 5.76% which is probably one of the best income property in the downtown area. I have included a lot of pictures and information about the property along with the financials in the link below.
Amazing investment opportunity in downtown Toronto
We are also working on couple of other listings including a 42 unit building close to London that we can discuss as well. Video coming soon for it.
If you would like more info, please feel free to reply to this email or contact me by calling at 877-439-2339
You should check out our video about this amazing sixplex in South Riverdale that we have listed for sale. The seller is motivated and looking to make a quick sale.
If you have any questions, please feel free to reach out
Here is a prime example of what distance can do to a property. This property has 47 units and is vacant, ready for an investor and is listed for $499,000. It’s a power of sale listing and I talk a bit more about it in the link below
If you would like something closer, you can check out the following 32 unit apartment building that’s also still available.