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3-7 Main St S 12 Unit Apartment Building $2,364,032 USD ($197,003 USD/Unit) 6.73% Cap Rate Uxbridge, ON L9P 1P7

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INVESTMENT HIGHLIGHTS

  • 11 Residential Apartments and 1 Commercial Unit with a net income of over $220,000.00 per annum.

EXECUTIVE SUMMARY

Great opportunity in the vibrant Multi-Family / Mixed Use sector.
The property, located at 5 and 7 Main Street South at Brock Street in Uxbridge offers 11 immaculate Residential Apartments and 1 Retail Commercial Unit, with a net income of over $220,000. Four of the eleven residential units were newly built in 2022 and the rest have been completely renovated in the past 3 years. New Roof 2023. Brand New Restaurant occupies the commercial space, which comes equipped with an 9-foot canopy hood with New Ducting, Fan, Motor and Larger Capacity Fire Suppression (2024). All units are separately metered and all tenants pay own utilities except water and hot water.
1 x 3 bedroom; 3 x 2 bedroom; 6 x 1 bedroom; and 1 x Studio apartments, together with 1 x 1,100 sf Restaurant space. 11 Fridges, 11 Stoves, 4 Washers, 4 Dryers, 5 Hot Water Tanks.
Please use the contact link or call 416-690-2000 for more information or to arrange a tour of the property.
More Information on Uxbridge is available here:
https://www.durham.ca/en/economic-development/invest-and-grow/township-of-uxbridge.aspx

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (USD) ANNUAL PER SF (USD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (USD)
Annual $99,999
Annual Per SF $9.99
Other Income (USD)
Annual -
Annual Per SF -
Vacancy Loss (USD)
Annual -
Annual Per SF -
Effective Gross Income (USD)
Annual $99,999
Annual Per SF $9.99
Taxes (USD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (USD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (USD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (USD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $2,364,032 USD
Price Per Unit $197,003 USD
Sale Type Investment
Cap Rate 6.73%
No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.10 AC
Building Size 8,050 SF
No. Stories 3
Year Built 1925
Parking Ratio 0.62/1,000 SF
Zoning C3 - General Commercial
Walk Score®
Very Walkable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 31632418

  • Date on Market: 4/27/2024

  • Last Updated:

  • Address: 3-7 Main St S, Uxbridge, ON L9P 1P7

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