8-12 York St W - Apartments FOR SALE


Chatham, ON N0P 2C0
$4,199,000 CAD
647-669-9222

NO PHOTO

$4,199,000 CAD
Apartments - FOR SALE
null | 5.36% Cap Rate

8-12 York St W
Chatham, ON N0P 2C0


HIGHLIGHTS

  • 16 Chanel Hard Wired Security Camera System
  • Direct Call Buzzer System in the Main Lobby for all units
  • Integrated hard-wired fire alarm system

OVERVIEW

Featuring 12 residential units + 1 residential unit plus a separate laundry structure with 18 parking spots, comes with a previous clean Phase 1 on file, ensuring a smooth transaction. Quality Multi – Residential structure fully upgraded/ renovated recently throughout. This commercial-residential gem, zoned Urban Commercial, has been meticulously maintained and recently upgraded with new windows, HVAC, roofing, plumbing, security system , electrical panels, individual hydro panels and so much more (refer to “Property Features” section below). Located just west of Erie St North, Ridgetown’s main arterial road housing commercial / retail development including RBC, Subway and LCBO as well as restaurants and various retail establishments. This property is surrounded by residential development to its North and West. The property enjoys ideal visibility and accessibility, complemented by ample municipal parking in the surrounding area.

FOR SALE DETAILS

PRICE

$4,199,000 CAD

PRICE/SF

$321 CAD /SF

# OF UNITS

12

PRICE/UNIT

$349,917

CAP RATE

5.36%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

CBD

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Yousaf IqbalIQI Global Real Estate LtdMore Info
647-669-9222

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Yousaf IqbalIQI Global Real Estate LtdMore Info
647-669-9222

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