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3 Elora St 6 Unit Apartment Building $695,054 USD ($115,842 USD/Unit) 7.58% Cap Rate Clifford, ON N0G 1M0
Investment Highlights
- The surrounding area is characterized by low-density residential and community-oriented development.
- The location provides access to local services and regional road networks while maintaining a small-town atmosphere.
Executive Summary
Wonderful investment opportunity 6-units mixed use building Two Commercial and Four Residential in excellent condition. Located in the great community of Minto. Five units renovated and bringing solid income flow with potential to add more revenue by renting one of the commercial units currently vacant. Furnace 2024, Air exchanger 2024. Plenty of parking at the back of the building. Two stairwells one at the front the other at the back providing easy and convenient access to the units. Backing onto a playground.
Property Facts
| Price | $695,054 USD | Apartment Style | Low-Rise |
| Price Per Unit | $115,842 USD | Building Class | C |
| Sale Type | Investment | Building Size | 9,000 SF |
| Cap Rate | 7.58% | Average Occupancy | 98% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1953 |
| Property Subtype | Apartment | ||
| Zoning | C1 | ||
| Price | $695,054 USD |
| Price Per Unit | $115,842 USD |
| Sale Type | Investment |
| Cap Rate | 7.58% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | 9,000 SF |
| Average Occupancy | 98% |
| No. Stories | 2 |
| Year Built | 1953 |
| Zoning | C1 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
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3 Elora St
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