Jag Patel
Broker
$4,450,000
Available - For Sale
Listing ID: W13002336
56 South Forster Park Drive , Oakville, L6K 1Y7, Halton
| Located within a 5-minute drive from downtown Oakville, this offering includes a freestanding, 15-unit low-rise apartment building. All units are two bedroom units, with two units vacant at the time of sale. The Property benefits from stabilized income, rented laundry facilities, and additional parking revenue. The Property has a projected Year 1 Net Operating Income of $180,877 and is ideal for investors seeking significant upside potential in one of the GTA's most desirable submarkets. Significant upside potential exists through rent adjustments on tenant turnover, making this an excellent option in a supply-constrained market. |
| Price | $4,450,000 |
| Taxes: | $18483.24 |
| Tax Type: | Annual |
| Occupancy: | Vacant |
| Address: | 56 South Forster Park Drive , Oakville, L6K 1Y7, Halton |
| Postal Code: | L6K 1Y7 |
| Province/State: | Halton |
| Legal Description: | PT BLK B, PL 347, AS IN 722881. TOWN OF |
| Directions/Cross Streets: | South Forster Park Dr, & Queen Mary Dr |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Apts - 13 To 20 Units |
| Building Percentage: | T |
| Total Area: | 17424.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 100 |
| Office/Appartment Area Code: | % |
| Sprinklers: | Yes |
| Washrooms: | 0 |
| Heat Type: | Water Radiators |
| Central Air Conditioning: | No |
| Sewers: | Sanitary+Storm |
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| COLLIERS |
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Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Halton |
| Municipality: | Oakville |
| Neighbourhood: | 1002 - CO Central |
| Tax: | $18,483.24 |
| Fireplace: | N |
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