169 Maurice Dr - Apartments FOR SALE


Oakville, ON L6K 2X5
$3,450,000 CAD
905-949-0070
169 Maurice Dr, Oakville, ON for Sale
$3,450,000 CAD
Apartments - FOR SALE
1/2
null | Request Cap Rate

169 Maurice Dr
Oakville, ON L6K 2X5


HIGHLIGHTS

  • Access to public transit and highway
  • Retail amenities nearby
  • Ample parking
  • High exposure location
  • Heavy commercialized area
  • new roof and windows installed in 2013

OVERVIEW

This well-maintained 11-unit apartment building presents a prime investment opportunity, featuring a balanced mix of 7 two-bedroom units and 4 one-bedroom units, catering to a diverse range of tenants. The property has undergone significant upgrades, including a new roof and windows installed in 2013, ensuring long-term durability and minimizing future maintenance expenses. With a variety of unit sizes, the building offers excellent rental potential, appealing to both affordable and mid-range tenants. The properties manageable scale, coupled with recent improvements, provides a low-maintenance investment with strong cash flow prospects in a growing rental market. This is an ideal opportunity for investors seeking a stable, income-generating asset with minimal ongoing operational demands.

FOR SALE DETAILS

PRICE

$3,450,000 CAD

PRICE/SF

$425 CAD /SF

# OF UNITS

11

PRICE/UNIT

$313,636

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1953

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,001 SF

ZONING

-

APN/PARCEL ID

240103015004900

ASK ABOUT THIS PROPERTY

Armond ArzoomanianHomelife Response Realty, Inc.More Info
905-949-0070

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Armond ArzoomanianHomelife Response Realty, Inc.More Info
905-949-0070

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