Welcome to this stunning fully renovated 24-unit , six storey apartment building with market rents. This building has been turned over with 21 of the units fully renovated with upgrades including a full electrical upgrade with separately metered hydro in every unit. Ductless spilts providing heat and air-conditioning. Also secondary heat in all rooms with electrical baseboard. All 21 of the renovated units have brand new kitchens and stainless steel appliances. Quartz counter tops, designer backsplash, new flooring , paint, lighting, paint, all new doors and fully renovated bathrooms. the underground garage features a heated driveway, remote entry and rentable spots. All common areas have new flooring, baseboards, lights and security cameras installed throughout. The elevator is frequently maintained and has been completely remodelled inside. Added income with coin operated laundry and over 20 extra storage units built for tenants. Additional annual income form Rogers with cellular towers on top of building. The building is situated on a desirable corner lot, close to hospital, shopping, grocery restaurants, and bus routes. Not only is this an amazing opportunity, the sellers have secured a large assumable (for qualified buyers) CMHC mortgage at 3.75% for 10 years fixed with 40 year amortization. The current process for the CMHC could be up to two years which makes this assumable mortgage very desirable for any buyer. Please contact the listing agent for all info. (id:47421)
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Detailed Information
Bedrooms
24
Bathrooms
24
Total Area
18,298 ft2
Amenities Nearby
Public Transit, Hospital
Features
Lighting, Laundry- Coin operated
Listing Contract Date
2023-11-07
# of Parking Spaces
24
Property Type
Business
Transaction Type
For sale
Building
Amenities
Separate Heating Controls
Appliances
Dryer, Refrigerator, Stove, Two Washers, Two stoves, Washer
Basement Type
Full
Exterior Finish
Aluminum siding, Brick
Fire Protection
Controlled entry, Security system
Fireplace Present
Yes
Foundation Type
Poured Concrete
Heating Fuel
Electric
Heating Type
Baseboard heaters
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Attached Garage
26
Land
Total Size
Unit=122.32 x 157.39 FT | under 1/2 acre
Amenities
Public Transit, Hospital
Sewer
Sanitary sewer
Size of Irregular Land
Unit=122.32 x 157.39 FT
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