Rare 5-unit purpose-built apartment building offering large 2-bedroom units with eat-in kitchens and in-unit storage. Three units have been renovated, while the remaining suites are well maintained and occupied by excellent long-term tenants. This solid brick building is designed for low-maintenance ownership and strong tenant appeal. Each unit is separately metered for hydro and water, and every suite has its own hot water heater with tenant-paid rental. A new front-door intercom system has recently been installed. Additional features include parking for 10 vehicles, coin-operated laundry, basement storage, and an office area with potential for conversion to an additional unit (buyer to verify). The property also includes a large detached brick garage with separate workshop area currently rented for additional income. Fully rented with a stable tenant mix of retired and working tenants, some of whom have resided here for more than 23 years. Turn-key investment opportunity with low vacancy, reliable income, and easy-to-rent units in a well-built building. (id:2493)
Data was last updated May 21, 2026 at 02:15 AM (UTC)
Area Statistics
Listings on market:
18
Avg list price:
$621,950
Min list price:
$399,900
Max list price:
$1,799,900
Avg days on market:
43
Min days on market:
5
Max days on market:
179
Avg price per sq.ft.:
$167.52
These statistics are generated based on the current listing's property type
and located in
Town Ward 3. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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