1-2 Read St W - Apartments FOR SALE


Merrickville, ON K0G 1N0
$14,600,000 CAD
613-270-8200
1-2 Read St W, Merrickville, ON for Sale
$14,600,000 CAD
Apartments - FOR SALE
1/1
null | Request Cap Rate

1-2 Read St W
Merrickville, ON K0G 1N0


HIGHLIGHTS

  • 43-unit apartment building, 2026 completion
  • Investment flexibility and upside potential
  • 54 parking spaces, in-unit laundry

OVERVIEW

Seize the rare opportunity to own a meticulously designed 43-unit apartment building, slated for completion by 2026. This project is perfect for both seasoned investors and those seeking a shared investment opportunity, offering flexibility and substantial upside potential. Located in rapidly growing Merrickville, where rental inventory is limited, this is the perfect time to enter the market. The building includes 54 parking spaces, in-unit laundry, ample storage, and a custom design that seamlessly blends with the area's rich heritage. Don't miss your chance to invest in one of the region's most desirable markets. Contact us today for more details and investment options!

FOR SALE DETAILS

PRICE

$14,600,000 CAD

PRICE/SF

$336 CAD /SF

# OF UNITS

43

PRICE/UNIT

$339,535

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2026

PARKING SPACES

54

LAND DETAILS

LAND ACRES

1.81 AC

LAND SF

78,844 SF

ZONING

R4

APN/PARCEL ID

071471401005200

ASK ABOUT THIS PROPERTY

Erin PhillipsRoyal Lepage Team RealtyMore Info
613-270-8200

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Erin PhillipsRoyal Lepage Team RealtyMore Info
613-270-8200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.