256 Oxford St - Apartments FOR SALE


Ingersoll, ON N5C 2W1
$2,499,000 CAD
226-705-1599

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$2,499,000 CAD
Apartments - FOR SALE
null | Request Cap Rate

256 Oxford St
Ingersoll, ON N5C 2W1


HIGHLIGHTS

  • 11 x 2 bedroom flats with a kitchen and bathroom
  • 1 x 1 bedroom with one bathroom, parking, mailbox
  • Situated on a 0.717-acre property

OVERVIEW

ero condo fee and free hold Neatly maintained 12-unit apartment complex located in the center of Ingersoll, Ontario. The building has eleven two-bedroom flats with a kitchen and bathroom, as well as one-bedroom unit with one bathroom, parking, and mailbox. Situated on a 0.717-acre property, the three-story building spans roughly 15,000 square feet. A varied tenant mix is ensured by the property's handy location close to supermarkets, amenities, parks, recreational spaces, and a hospital. It is also easily accessible via highway 401 and public transportation. This solid brick structure has had several inside renovations, such as new windows installed around 15 years ago, updated external doors, and a new roof put in about 6 years ago. There are two boilers on the premises. The property provides an important potential for additional value together with consistent gross revenue. For astute investors looking for a profitable venture in a developing sector with significant potential for greater returns and it represents an outstanding opportunity. The majority of tenants are long-term residents.

FOR SALE DETAILS

PRICE

$2,499,000 CAD

PRICE/SF

$167 CAD /SF

# OF UNITS

12

PRICE/UNIT

$208,250

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

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

R3

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Satnam ChathaBridge RealtyMore Info
226-705-1599

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Satnam ChathaBridge RealtyMore Info
226-705-1599

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