$6,150,000

Investment For Sale In Gravenhurst, Ontario

$6,150,000

Property Information:

Great opportunity for Investment. Purchase a 24 Unit Apartment Building. Price is based on 5.5% cap rate on CMHC income and expense standards. Common area water & sewer $27,358./yr and Hydro $2147./yr. Tenant pays utilities. Common are payable by Owner. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Floor Space: 26136 sqft
  • Heating Type: Baseboard heaters
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Floor Space (approx): 26136 Square Feet
  • Irregular: Yes
  • Lot Depth: 132 Feet
  • Lot Frontage: 198 Feet
  • Lot Size: 198 x 132 FT
  • Zoning: RM2

Courtesy of: ED LOWE LIMITED, SUTTON GROUP INCENTIVE REALTY INC.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.