STABLE 5.7% CAP RATE – CENTRAL INVESTMENT PACKAGE. Secure a high-performance multi-family asset in a premier rental market. This offering features a well-maintained 16-unit apartment building (173 Wade Ave W), recently upgraded with a new roof, and the adjacent property (157 Wade Ave). Sold together for $2,775,000, this side-by-side assembly provides immediate operational efficiency and significant scale. With steady rental income already in place and a central location steps from transit, shopping, and amenities, this is a blue-chip addition to any portfolio with exceptional long-term growth potential. (id:60351)
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Listed by Bill Raine, Coldwell Banker Horizon Realty
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Listing represented by Bill Raine, Coldwell Banker Horizon Realty · MLS# 10370908
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.